3, OLD SCHOOL PLACE, RYE, TN31 7HR - £670,000

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 OLD SCHOOL PLACE is a large detached house of 158m², built in 2012, which could now be worth an estimated £842,342. It was last sold for £670,000 in April 2019, which was around 46% above the average April 2019 detached price in the Rother local authority area. The most recent EPC inspection was July 2012, where the current energy rating was B, and the potential energy rating was B.

3 OLD SCHOOL PLACE Sold Prices

Land registry data shows two sales for 3 OLD SCHOOL PLACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Rother local authority area for the corresponding sale date. Both of the two 3 OLD SCHOOL PLACE 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 25 APR	£670,000	£458,265	46% above HPI
2013 27 MAR	£475,000	£318,611	49% above HPI

3 OLD SCHOOL PLACE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rother local authority area over time, sourced from the HPI. The two 3 OLD SCHOOL PLACE sales from March 2013 and April 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 March 2013 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the April 2019 sale, where it falls to 46% above the HPI. The line then continues to track at 46% above the HPI.

What might 3 OLD SCHOOL PLACE be worth now?

3 OLD SCHOOL PLACE might now be worth an estimated £842,342.

This is based on house price inflation of 25.7%, between April 2019 and May 2026, for 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 25.7% inflationary increase is applied to the most recent sale price for 3 OLD SCHOOL PLACE of £670,000 on 25th April 2019. For the value to have increased from £670,000 to £842,342 over the six years and eleven months to May 2026, the following assumptions must hold true:

• The value of 3 OLD SCHOOL PLACE has moved in line with the HPI for detached houses in the Rother local authority area.
• The April 2019 sale price of £670,000 represented a fair market value for the property.
• The size, condition, and specification of 3 OLD SCHOOL PLACE has not materially changed since April 2019.

How Large is 3 OLD SCHOOL PLACE?

3 OLD SCHOOL PLACE is 158m² according to the EPC inspection conducted in July 2012. This puts it in the largest 30% of detached houses houses in Rye, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rye, and where 3 OLD SCHOOL PLACE lies on this distribution: 71% of detached houses houses are smaller than 3 OLD SCHOOL PLACE, and 27% of houses are larger. Note that EPC data is not available for all properties in Rye.

3 OLD SCHOOL PLACE: Plot and Title Map

3 OLD SCHOOL PLACE sits on a plot of roughly 0.215 of an acre, or 869m². The below map shows the location of 3 OLD SCHOOL PLACE, 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 OLD SCHOOL PLACE). 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 OLD SCHOOL PLACE?

3 OLD SCHOOL PLACE is located in RYE, in the TN31 postcode district. The below map shows the position of No. 3 on OLD SCHOOL PLACE.