PIPPINS, MAIN STREET, PEASMARSH, RYE, TN31 6YA - £850,000

PIPPINS is a very large extended detached house of 182m², built sometime between 1996 and 2002. It was last sold for £850,000 in May 2020, which was around 90% above the average May 2020 detached price in the Rother local authority area. The most recent EPC inspection was September 2023, where the current energy rating was F, and the potential energy rating was C.

PIPPINS Sold Prices

Land registry data shows three sales for PIPPINS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rother local authority area for the corresponding sale date. All of the three PIPPINS 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 13 MAY	£850,000	£447,838	90% above HPI
2007 24 OCT	£410,000	£331,607	24% above HPI
2002 31 JUL	£275,000	£208,306	32% above HPI

PIPPINS 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 three PIPPINS sales between July 2002 and May 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 October 2007 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the May 2020 sale, where it rises to 90% above the HPI. The line then continues to track at 90% above the HPI.

How Large is PIPPINS?

PIPPINS is 182m², which includes three extensions, according to the EPC inspection conducted in September 2023. This puts it in the largest 10% of detached houses in Peasmarsh, based on EPC data. The below chart shows the distribution of detached houses by size in Peasmarsh, and where PIPPINS lies on this distribution: 96% of detached houses are smaller than PIPPINS, and 4% of houses are larger. Note that EPC data is not available for all properties in Peasmarsh.

PIPPINS: Plot and Title Map

PIPPINS sits on a plot of roughly 0.230 of an acre, or 930m². The below map shows the location of PIPPINS, 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 PIPPINS). 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 PIPPINS?

PIPPINS is located on MAIN STREET in PEASMARSH, in the TN31 postcode district. The below map shows the position of PIPPINS on MAIN STREET.