MEDLARS, BUTTS ASH LANE, HYTHE, SOUTHAMPTON, SO45 3QY - £580,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

MEDLARS is a large extended detached house of 138m², built sometime between 1976 and 1982. It was last sold for £580,000 in April 2024, which was around 4% above the average April 2024 detached price in the New Forest local authority area. The most recent EPC inspection was January 2024, where the current energy rating was C, and the potential energy rating was B.

MEDLARS Sold Prices

Land registry data shows three sales for MEDLARS since 1^st 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. One of the three MEDLARS sales was for above the average price, whilst two 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
2024 26 APR	£580,000	£557,045	4% above HPI
2019 13 DEC	£460,000	£469,829	2% below HPI
2014 11 JUL	£290,000	£376,292	23% below HPI

MEDLARS Price Paid vs. HPI Average

The below graph shows the average detached house price in the New Forest local authority area over time, sourced from the HPI. The three MEDLARS sales between July 2014 and April 2024 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 December 2019 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the April 2024 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is MEDLARS?

MEDLARS is 138m², which includes two extensions, according to the EPC inspection conducted in January 2024. This puts it in the largest 30% of detached houses in Dibden Purlieu, based on EPC data. The below chart shows the distribution of detached houses by size in Dibden Purlieu, and where MEDLARS lies on this distribution: 70% of detached houses are smaller than MEDLARS, and 30% of houses are larger. Note that EPC data is not available for all properties in Dibden Purlieu.

MEDLARS: Plot and Title Map

MEDLARS sits on a plot of roughly 0.136 of an acre, or 549m². The below map shows the location of MEDLARS, 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 MEDLARS). 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.

Where is MEDLARS?

MEDLARS is located on BUTTS ASH LANE in HYTHE, in the SO45 postcode district. The below map shows the position of MEDLARS on BUTTS ASH LANE.