THE PADDOCK, EDWARD ROAD, HYTHE, SOUTHAMPTON, SO45 6BD - £625,000

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

THE PADDOCK is a very large detached house of 215m², built sometime between 2003 and 2006. It was last sold for £625,000 in April 2022, which was around 7% above the average April 2022 detached price in the New Forest local authority area. The most recent EPC inspection was July 2014, where the current energy rating was C, and the potential energy rating was B.

THE PADDOCK Sold Prices

Land registry data shows three sales for THE PADDOCK 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. Two of the three THE PADDOCK sales were for above the average price, whilst one was 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
2022 25 APR	£625,000	£584,688	7% above HPI
2020 20 OCT	£630,000	£496,775	27% above HPI
2004 25 NOV	£60,000	£306,036	80% below HPI

THE PADDOCK 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 THE PADDOCK sales between November 2004 and April 2022 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 October 2020 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the April 2022 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is THE PADDOCK?

THE PADDOCK is 215m² according to the EPC inspection conducted in July 2014. This puts it in the largest 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 THE PADDOCK lies on this distribution: 99% of detached houses are smaller than THE PADDOCK, and 1% of houses are larger. Note that EPC data is not available for all properties in Hythe.

THE PADDOCK: Plot and Title Map

THE PADDOCK sits on a plot of roughly 0.212 of an acre, or 859m². The below map shows the location of THE PADDOCK, 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 THE PADDOCK). 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 THE PADDOCK?

THE PADDOCK is located on EDWARD ROAD in HYTHE, in the SO45 postcode district. The below map shows the position of THE PADDOCK on EDWARD ROAD.