PRIMROSES, MALTHOUSE LANE, PEASMARSH, RYE, TN31 6TA - £495,000

PRIMROSES is a small detached house of 91m², built sometime between 1950 and 1966. It was last sold for £495,000 in November 2020, which was around 1% above the average November 2020 detached price in the Rother local authority area. The most recent EPC inspection was January 2012, where the current energy rating was F, and the potential energy rating was E.

PRIMROSES Sold Prices

Land registry data shows three sales for PRIMROSES 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 PRIMROSES 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 12 NOV	£495,000	£488,366	1% above HPI
2017 19 JAN	£480,000	£413,556	16% above HPI
1997 30 OCT	£126,500	£114,816	10% above HPI

PRIMROSES 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 PRIMROSES sales between October 1997 and November 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 January 2017 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the November 2020 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is PRIMROSES?

PRIMROSES is 91m² according to the EPC inspection conducted in January 2012. This puts it in the smallest 40% of detached houses in Peasmarsh, based on EPC data. The below chart shows the distribution of detached houses by size in Peasmarsh, and where PRIMROSES lies on this distribution: 35% of detached houses are smaller than PRIMROSES, and 65% of houses are larger. Note that EPC data is not available for all properties in Peasmarsh.

PRIMROSES: Plot and Title Map

PRIMROSES sits on a plot of roughly 0.587 of an acre, or 2,377m². The below map shows the location of PRIMROSES, 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 PRIMROSES). 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 PRIMROSES?

PRIMROSES is located on MALTHOUSE LANE in PEASMARSH, in the TN31 postcode district. The below map shows the position of PRIMROSES on MALTHOUSE LANE.