5, HILLCREST, RYE, TN31 7HP - £275,000

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.

5 HILLCREST is a very small terraced house of 72m², built sometime between 1996 and 2002, which could now be worth an estimated £376,104. It was last sold for £275,000 in February 2018, which was around 26% above the average February 2018 terraced price in the Rother local authority area. The most recent EPC inspection was February 2015, where the current energy rating was C, and the potential energy rating was B.

5 HILLCREST Sold Prices

Land registry data shows four sales for 5 HILLCREST since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Rother local authority area for the corresponding sale date. Most of the four 5 HILLCREST 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
2018 2 FEB	£275,000	£218,335	26% above HPI
2015 22 MAY	£235,000	£183,710	28% above HPI
2003 3 NOV	£156,000	£128,699	21% above HPI
1997 10 DEC	£43,000	£54,551	21% below HPI

5 HILLCREST 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 four 5 HILLCREST sales between December 1997 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 May 2015 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the February 2018 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 5 HILLCREST be worth now?

5 HILLCREST might now be worth an estimated £376,104.

This is based on house price inflation of 36.8%, between February 2018 and April 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 36.8% inflationary increase is applied to the most recent sale price for 5 HILLCREST of £275,000 on 2nd February 2018. For the value to have increased from £275,000 to £376,104 over the seven years and ten months to April 2026, the following assumptions must hold true:

• The value of 5 HILLCREST has moved in line with the HPI for terraced houses in the Rother local authority area.
• The February 2018 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 5 HILLCREST has not materially changed since February 2018.

How Large is 5 HILLCREST?

5 HILLCREST is 72m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 10% 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 5 HILLCREST lies on this distribution: 7% of terraced houses houses are smaller than 5 HILLCREST, and 92% of houses are larger. Note that EPC data is not available for all properties in Rye.

5 HILLCREST: Plot and Title Map

5 HILLCREST sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of 5 HILLCREST, 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 5 HILLCREST). 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 5 HILLCREST?

5 HILLCREST is located in RYE, in the TN31 postcode district. The below map shows the position of No. 5 on HILLCREST.