31, FERRY ROAD, RYE, TN31 7DJ - £190,000

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.

31 FERRY ROAD is a very small extended terraced house of 82m², built sometime before 1900, which could now be worth an estimated £258,205. It was last sold for £190,000 in February 2018, which was around 13% below the average February 2018 terraced price in the Rother local authority area. The most recent EPC inspection was October 2017, where the current energy rating was E, and the potential energy rating was B.

31 FERRY ROAD Sold Prices

Land registry data shows three sales for 31 FERRY ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Rother local authority area for the corresponding sale date. Two of the three 31 FERRY ROAD sales were for below the average price, whilst one was 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
2018 14 FEB	£190,000	£218,335	13% below HPI
2017 5 DEC	£170,000	£222,093	23% below HPI
2010 19 JUL	£500,000	£164,261	204% above HPI

31 FERRY ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Rother local authority area over time, sourced from the HPI. The three 31 FERRY ROAD sales between July 2010 and February 2018 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 December 2017 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the February 2018 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 31 FERRY ROAD be worth now?

31 FERRY ROAD might now be worth an estimated £258,205.

This is based on house price inflation of 35.9%, between February 2018 and May 2026, for terraced 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 35.9% inflationary increase is applied to the most recent sale price for 31 FERRY ROAD of £190,000 on 14th February 2018. For the value to have increased from £190,000 to £258,205 over the seven years and nine months to May 2026, the following assumptions must hold true:

• The value of 31 FERRY ROAD has moved in line with the HPI for terraced houses in the Rother local authority area.
• The February 2018 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 31 FERRY ROAD has not materially changed since February 2018.

How Large is 31 FERRY ROAD?

31 FERRY ROAD is 82m², which includes two extensions, according to the EPC inspection conducted in October 2017. This puts it in the smallest 20% of terraced houses houses in Rye, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Rye, and where 31 FERRY ROAD lies on this distribution: 10% of terraced houses houses are smaller than 31 FERRY ROAD, and 89% of houses are larger. Note that EPC data is not available for all properties in Rye.

31 FERRY ROAD: Plot and Title Map

31 FERRY ROAD sits on a plot of roughly 0.040 of an acre, or 160m². The below map shows the location of 31 FERRY ROAD, 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 31 FERRY ROAD). 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 31 FERRY ROAD?

31 FERRY ROAD is located in RYE, in the TN31 postcode district. The below map shows the position of No. 31 on FERRY ROAD.