RIDGEMOUNT, WEST STREET, HYTHE, SOUTHAMPTON, SO45 6AA - £365,000

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.

RIDGEMOUNT is a very large extended detached house of 144m², built sometime between 1967 and 1975, which could now be worth an estimated £587,654. It was last sold for £365,000 in February 2012, which was around 1% above the average February 2012 detached price in the New Forest local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was C.

RIDGEMOUNT Sold Prices

Land registry data shows three sales for RIDGEMOUNT 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. All of the three RIDGEMOUNT sales were 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
2012 10 FEB	£365,000	£361,768	1% above HPI
2006 4 DEC	£361,500	£341,842	6% above HPI
2001 2 APR	£204,000	£200,062	2% above HPI

RIDGEMOUNT 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 RIDGEMOUNT sales between April 2001 and February 2012 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 2006 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the February 2012 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might RIDGEMOUNT be worth now?

RIDGEMOUNT might now be worth an estimated £587,654.

This is based on house price inflation of 61%, between February 2012 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 61% inflationary increase is applied to the most recent sale price for RIDGEMOUNT of £365,000 on 10th February 2012. For the value to have increased from £365,000 to £587,654 over the thirteen years to February 2025, the following assumptions must hold true:

• The value of RIDGEMOUNT has moved in line with the HPI for detached houses in the New Forest local authority area.
• The February 2012 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of RIDGEMOUNT has not materially changed since February 2012.

How Large is RIDGEMOUNT?

RIDGEMOUNT is 144m², which includes one extension, according to the EPC inspection conducted in October 2011. 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 RIDGEMOUNT lies on this distribution: 86% of detached houses houses are smaller than RIDGEMOUNT, and 14% of houses are larger. Note that EPC data is not available for all properties in Hythe.

RIDGEMOUNT: Plot and Title Map

RIDGEMOUNT sits on a plot of roughly 0.133 of an acre, or 538m². The below map shows the location of RIDGEMOUNT, 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 RIDGEMOUNT). 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 RIDGEMOUNT?

RIDGEMOUNT is located on WEST STREET in HYTHE, in the SO45 postcode district. The below map shows the position of RIDGEMOUNT on WEST STREET.