TERRACOTTA, OLD BRICKYARD, RYE, TN31 7EE - £300,000

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.

TERRACOTTA is a very small detached house of 71m², built sometime between 1991 and 1995, which could now be worth an estimated £503,651. It was last sold for £300,000 in June 2014, which was around 13% below the average June 2014 detached price in the Rother local authority area. The most recent EPC inspection was February 2014, where the current energy rating was B, and the potential energy rating was B.

TERRACOTTA Sold Prices

Land registry data shows two sales for TERRACOTTA 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 TERRACOTTA sales were for below 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
2014 27 JUN	£300,000	£343,180	13% below HPI
2010 20 AUG	£155,000	£317,209	51% below HPI

TERRACOTTA 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 TERRACOTTA sales from August 2010 and June 2014 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 August 2010 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the June 2014 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might TERRACOTTA be worth now?

TERRACOTTA might now be worth an estimated £503,651.

This is based on house price inflation of 67.9%, between June 2014 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 67.9% inflationary increase is applied to the most recent sale price for TERRACOTTA of £300,000 on 27th June 2014. For the value to have increased from £300,000 to £503,651 over the twelve years and one month to May 2026, the following assumptions must hold true:

• The value of TERRACOTTA has moved in line with the HPI for detached houses in the Rother local authority area.
• The June 2014 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of TERRACOTTA has not materially changed since June 2014.

How Large is TERRACOTTA?

TERRACOTTA is 71m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 10% 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 TERRACOTTA lies on this distribution: 7% of detached houses houses are smaller than TERRACOTTA, and 93% of houses are larger. Note that EPC data is not available for all properties in Rye.

TERRACOTTA: Plot and Title Map

TERRACOTTA sits on a plot of roughly 0.113 of an acre, or 459m². The below map shows the location of TERRACOTTA, 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 TERRACOTTA). 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 TERRACOTTA?

TERRACOTTA is located on OLD BRICKYARD in RYE, in the TN31 postcode district. The below map shows the position of TERRACOTTA on OLD BRICKYARD.