Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
8 THE VALE is a very small extended detached house of 62m², built sometime between 1976 and 1982. It was last sold for £280,000 in November 2021, which was around 49% below the average November 2021 detached price in the New Forest local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows three sales for 8 THE VALE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. All of the three 8 THE VALE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).
Date | Price | HPI Price | Variation from HPI |
---|---|---|---|
2021 29 NOV | £280,000 | £548,651 | 49% below HPI |
2012 29 JUN | £200,000 | £337,505 | 41% below HPI |
2002 21 OCT | £182,500 | £253,755 | 28% below HPI |
The below graph shows the average detached house price in the New Forest local authority area over time, sourced from the HPI. The three 8 THE VALE sales between October 2002 and November 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 2012 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the November 2021 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.
8 THE VALE is 62m², which includes one extension, according to the EPC inspection conducted in September 2011. This puts it in the smallest 10% of detached houses in Hythe, based on EPC data. The below chart shows the distribution of detached houses by size in Hythe, and where 8 THE VALE lies on this distribution: 8% of detached houses are smaller than 8 THE VALE, and 92% of houses are larger. Note that EPC data is not available for all properties in Hythe.
8 THE VALE sits on a plot of roughly 0.108 of an acre, or 437m². The below map shows the location of 8 THE VALE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 8 THE VALE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.
8 THE VALE is located in HYTHE, in the SO45 postcode district. The below map shows the position of No. 8 on THE VALE.