3, FORGE MEWS, RYE, TN31 7DD - £280,000

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.

3 FORGE MEWS is a very small extended semi-detached house of 79m², built sometime between 2003 and 2006, which could now be worth an estimated £407,279. It was last sold for £280,000 in March 2016, which was around 8% above the average March 2016 semi-detached price in the Rother local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was B.

3 FORGE MEWS Sold Prices

Land registry data shows four sales for 3 FORGE MEWS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Rother local authority area for the corresponding sale date. Most of the four 3 FORGE MEWS 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
2016 23 MAR	£280,000	£258,454	8% above HPI
2014 31 JAN	£235,000	£213,793	10% above HPI
2006 17 NOV	£180,000	£200,607	10% below HPI
2005 28 JAN	£230,000	£179,400	28% above HPI

3 FORGE MEWS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Rother local authority area over time, sourced from the HPI. The four 3 FORGE MEWS sales between January 2005 and March 2016 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 January 2014 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the March 2016 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 3 FORGE MEWS be worth now?

3 FORGE MEWS might now be worth an estimated £407,279.

This is based on house price inflation of 45.5%, between March 2016 and April 2026, for semi-detached houses, in the Rother local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 45.5% inflationary increase is applied to the most recent sale price for 3 FORGE MEWS of £280,000 on 23rd March 2016. For the value to have increased from £280,000 to £407,279 over the nine years and eleven months to April 2026, the following assumptions must hold true:

• The value of 3 FORGE MEWS has moved in line with the HPI for semi-detached houses in the Rother local authority area.
• The March 2016 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 3 FORGE MEWS has not materially changed since March 2016.

How Large is 3 FORGE MEWS?

3 FORGE MEWS is 79m², which includes one extension, according to the EPC inspection conducted in September 2012. This puts it in the smallest 10% of semi-detached houses houses in Rye, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Rye, and where 3 FORGE MEWS lies on this distribution: 9% of semi-detached houses houses are smaller than 3 FORGE MEWS, and 90% of houses are larger. Note that EPC data is not available for all properties in Rye.

3 FORGE MEWS: Plot and Title Map

3 FORGE MEWS sits on a plot of roughly 0.023 of an acre, or 94m². The below map shows the location of 3 FORGE MEWS, 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 3 FORGE MEWS). 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 3 FORGE MEWS?

3 FORGE MEWS is located in RYE, in the TN31 postcode district. The below map shows the position of No. 3 on FORGE MEWS.