ROMNEY POINT, POINT HILL, RYE, TN31 7NP - £500,000

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.

ROMNEY POINT is a large extended detached house of 166m², built sometime between 1900 and 1929, which could now be worth an estimated £916,958. It was last sold for £500,000 in November 2011, which was around 59% above the average November 2011 detached price in the Rother local authority area. The most recent EPC inspection was May 2011, where the current energy rating was E, and the potential energy rating was D.

ROMNEY POINT Sold Prices

Land registry data shows two sales for ROMNEY POINT 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 ROMNEY POINT 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
2011 4 NOV	£500,000	£314,160	59% above HPI
2008 14 JUL	£380,000	£323,047	18% above HPI

ROMNEY POINT 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 ROMNEY POINT sales from July 2008 and November 2011 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 July 2008 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the November 2011 sale, where it rises to 59% above the HPI. The line then continues to track at 59% above the HPI.

What might ROMNEY POINT be worth now?

ROMNEY POINT might now be worth an estimated £916,958.

This is based on house price inflation of 83.4%, between November 2011 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 83.4% inflationary increase is applied to the most recent sale price for ROMNEY POINT of £500,000 on 4th November 2011. For the value to have increased from £500,000 to £916,958 over the fifteen years and six months to May 2026, the following assumptions must hold true:

• The value of ROMNEY POINT has moved in line with the HPI for detached houses in the Rother local authority area.
• The November 2011 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of ROMNEY POINT has not materially changed since November 2011.

How Large is ROMNEY POINT?

ROMNEY POINT is 166m², which includes one extension, according to the EPC inspection conducted in May 2011. 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 ROMNEY POINT lies on this distribution: 76% of detached houses houses are smaller than ROMNEY POINT, and 24% of houses are larger. Note that EPC data is not available for all properties in Rye.

ROMNEY POINT: Plot and Title Map

ROMNEY POINT sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of ROMNEY POINT, 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 ROMNEY POINT). 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 ROMNEY POINT?

ROMNEY POINT is located on POINT HILL in RYE, in the TN31 postcode district. The below map shows the position of ROMNEY POINT on POINT HILL.