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

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

27 LOWER MULLINS LANE is a very large extended detached house of 200m², built sometime between 2003 and 2006. It was last sold for £727,500 in February 2022, which was around 26% 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	£578,888	26% above HPI
2005 25 FEB	£432,500	£303,907	42% above HPI
2003 19 SEP	£194,000	£279,585	31% 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 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the February 2022 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

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 in Hythe, based on EPC data. The below chart shows the distribution of detached houses by size in Hythe, and where 27 LOWER MULLINS LANE lies on this distribution: 97% of detached 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.