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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

OAKLEA is a very large detached house of 132m², built sometime between 1967 and 1975, which could now be worth an estimated £491,515. It was last sold for £308,000 in June 2013, which was around 16% 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. Both of the two OAKLEA 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
2013 14 JUN	£308,000	£364,983	16% below HPI
1998 22 MAY	£133,500	£138,485	4% below 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 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the June 2013 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might OAKLEA be worth now?

OAKLEA might now be worth an estimated £491,515.

This is based on house price inflation of 59.6%, between June 2013 and February 2025, for detached houses, in the New Forest local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 59.6% inflationary increase is applied to the most recent sale price for OAKLEA of £308,000 on 14th June 2013. For the value to have increased from £308,000 to £491,515 over the twelve years and four months to February 2025, the following assumptions must hold true:

• The value of OAKLEA has moved in line with the HPI for detached houses in the New Forest local authority area.
• The June 2013 sale price of £308,000 represented a fair market value for the property.
• The size, condition, and specification of OAKLEA has not materially changed since June 2013.

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 houses in Hythe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hythe, and where OAKLEA lies on this distribution: 80% of detached houses houses are smaller than OAKLEA, and 19% 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.