18, ELGIN CLOSE, HYTHE, SOUTHAMPTON, SO45 6JG - £295,000

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.

18 ELGIN CLOSE is a small terraced house of 80m², built sometime between 1950 and 1966, which could now be worth an estimated £351,692. It was last sold for £295,000 in June 2019, which was around 17% above the average June 2019 terraced price in the New Forest local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

18 ELGIN CLOSE Sold Prices

Land registry data shows two sales for 18 ELGIN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the New Forest local authority area for the corresponding sale date. Both of the two 18 ELGIN CLOSE 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
2019 21 JUN	£295,000	£252,210	17% above HPI
2013 1 JUL	£217,000	£189,890	14% above HPI

18 ELGIN CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the New Forest local authority area over time, sourced from the HPI. The two 18 ELGIN CLOSE sales from July 2013 and June 2019 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 July 2013 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the June 2019 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 18 ELGIN CLOSE be worth now?

18 ELGIN CLOSE might now be worth an estimated £351,692.

This is based on house price inflation of 19.2%, between June 2019 and July 2025, for terraced 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 19.2% inflationary increase is applied to the most recent sale price for 18 ELGIN CLOSE of £295,000 on 21st June 2019. For the value to have increased from £295,000 to £351,692 over the five years and eleven months to July 2025, the following assumptions must hold true:

• The value of 18 ELGIN CLOSE has moved in line with the HPI for terraced houses in the New Forest local authority area.
• The June 2019 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 18 ELGIN CLOSE has not materially changed since June 2019.

How Large is 18 ELGIN CLOSE?

18 ELGIN CLOSE is 80m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 40% of terraced houses houses in Hythe, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Hythe, and where 18 ELGIN CLOSE lies on this distribution: 31% of terraced houses houses are smaller than 18 ELGIN CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Hythe.

18 ELGIN CLOSE: Plot and Title Map

18 ELGIN CLOSE sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 18 ELGIN CLOSE, 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 18 ELGIN CLOSE). 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 18 ELGIN CLOSE?

18 ELGIN CLOSE is located in HYTHE, in the SO45 postcode district. The below map shows the position of No. 18 on ELGIN CLOSE.