OAKLEA, FAWLEY ROAD, HYTHE, SOUTHAMPTON, SO45 3NH - £308,000

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

OAKLEA is a very large detached house of 132m², built sometime between 1967 and 1975. It was last sold for £308,000 in June 2013, which was around 11% below the average June 2013 detached price in the New Forest local authority area. The most recent EPC inspection was September 2023, where the current energy rating was D, and the potential energy rating was A.

OAKLEA Sold Prices

Land registry data shows two sales for OAKLEA since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. One of the two OAKLEA sales was for below the average price, whilst the other was for above 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
2013 14 JUN	£308,000	£345,548	11% below HPI
1998 22 MAY	£133,500	£131,110	2% above HPI

OAKLEA 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 two OAKLEA sales from May 1998 and June 2013 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 May 1998 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the June 2013 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is OAKLEA?

OAKLEA is 132m² according to the EPC inspection conducted in September 2023. This puts it in the largest 20% of detached houses in Hythe, based on EPC data. The below chart shows the distribution of detached houses by size in Hythe, and where OAKLEA lies on this distribution: 80% of detached houses are smaller than OAKLEA, and 20% of houses are larger. Note that EPC data is not available for all properties in Hythe.

OAKLEA: Plot and Title Map

OAKLEA sits on a plot of roughly 0.225 of an acre, or 910m². The below map shows the location of OAKLEA, 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 OAKLEA). 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 OAKLEA?

OAKLEA is located on FAWLEY ROAD in HYTHE, in the SO45 postcode district. The below map shows the position of OAKLEA on FAWLEY ROAD.