27, LOWER MULLINS LANE, HYTHE, SOUTHAMPTON, SO45 5AE - £727,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

27 LOWER MULLINS LANE is a very large extended detached house of 200m², built sometime between 2003 and 2006, which could now be worth an estimated £692,999. It was last sold for £727,500 in February 2022, which was around 19% above the average February 2022 detached price in the New Forest local authority area. The most recent EPC inspection was August 2019, where the current energy rating was C, and the potential energy rating was B.

27 LOWER MULLINS LANE Sold Prices

Land registry data shows three sales for 27 LOWER MULLINS LANE 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 27 LOWER MULLINS LANE 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 1 FEB	£727,500	£611,447	19% above HPI
2005 25 FEB	£432,500	£321,000	35% above HPI
2003 19 SEP	£194,000	£295,310	34% below HPI

27 LOWER MULLINS LANE 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 27 LOWER MULLINS LANE sales between September 2003 and February 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 February 2005 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the February 2022 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 27 LOWER MULLINS LANE be worth now?

27 LOWER MULLINS LANE might now be worth an estimated £692,999.

This is based on house price deflation of 4.7%, between February 2022 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 4.7% deflationary decrease is applied to the most recent sale price for 27 LOWER MULLINS LANE of £727,500 on 1st February 2022. For the value to have decreased from £727,500 to £692,999 over the three years to February 2025, the following assumptions must hold true:

• The value of 27 LOWER MULLINS LANE has moved in line with the HPI for detached houses in the New Forest local authority area.
• The February 2022 sale price of £727,500 represented a fair market value for the property.
• The size, condition, and specification of 27 LOWER MULLINS LANE has not materially changed since February 2022.

How Large is 27 LOWER MULLINS LANE?

27 LOWER MULLINS LANE is 200m², which includes two extensions, according to the EPC inspection conducted in August 2019. This puts it in the largest 10% 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 27 LOWER MULLINS LANE lies on this distribution: 97% of detached houses houses are smaller than 27 LOWER MULLINS LANE, and 3% of houses are larger. Note that EPC data is not available for all properties in Hythe.

27 LOWER MULLINS LANE: Plot and Title Map

27 LOWER MULLINS LANE sits on a plot of roughly 0.143 of an acre, or 578m². The below map shows the location of 27 LOWER MULLINS LANE, 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 27 LOWER MULLINS LANE). 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 27 LOWER MULLINS LANE?

27 LOWER MULLINS LANE is located in HYTHE, in the SO45 postcode district. The below map shows the position of No. 27 on LOWER MULLINS LANE.