29, LOWER MULLINS LANE, HYTHE, SOUTHAMPTON, SO45 5AE - £675,000

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.

29 LOWER MULLINS LANE is a very large detached house of 187m², built sometime between 2003 and 2006, which could now be worth an estimated £780,839. It was last sold for £675,000 in January 2020, which was around 34% above the average January 2020 detached price in the New Forest local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was B.

29 LOWER MULLINS LANE Sold Prices

Land registry data shows two sales for 29 LOWER MULLINS LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. Both of the two 29 LOWER MULLINS LANE 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
2020 30 JAN	£675,000	£503,502	34% above HPI
2003 1 MAY	£420,000	£293,357	43% above HPI

29 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 two 29 LOWER MULLINS LANE sales from May 2003 and January 2020 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 May 2003 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the January 2020 sale, where it falls to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might 29 LOWER MULLINS LANE be worth now?

29 LOWER MULLINS LANE might now be worth an estimated £780,839.

This is based on house price inflation of 15.7%, between January 2020 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 15.7% inflationary increase is applied to the most recent sale price for 29 LOWER MULLINS LANE of £675,000 on 30th January 2020. For the value to have increased from £675,000 to £780,839 over the four years and eleven months to February 2025, the following assumptions must hold true:

• The value of 29 LOWER MULLINS LANE has moved in line with the HPI for detached houses in the New Forest local authority area.
• The January 2020 sale price of £675,000 represented a fair market value for the property.
• The size, condition, and specification of 29 LOWER MULLINS LANE has not materially changed since January 2020.

How Large is 29 LOWER MULLINS LANE?

29 LOWER MULLINS LANE is 187m² according to the EPC inspection conducted in October 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 29 LOWER MULLINS LANE lies on this distribution: 96% of detached houses houses are smaller than 29 LOWER MULLINS LANE, and 4% of houses are larger. Note that EPC data is not available for all properties in Hythe.

29 LOWER MULLINS LANE: Plot and Title Map

29 LOWER MULLINS LANE sits on a plot of roughly 0.179 of an acre, or 724m². The below map shows the location of 29 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 29 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 29 LOWER MULLINS LANE?

29 LOWER MULLINS LANE is located in HYTHE, in the SO45 postcode district. The below map shows the position of No. 29 on LOWER MULLINS LANE.