THE IRON HOUSE, ROCK CHANNEL, RYE, TN31 7HJ - £475,000

THE IRON HOUSE is a very large extended detached house of 234m², built sometime from 2007 onwards. It was last sold for £475,000 in July 2014, which was around 38% above the average July 2014 detached price in the Rother local authority area. The most recent EPC inspection was February 2013, where the current energy rating was C, and the potential energy rating was B.

THE IRON HOUSE Sold Prices

Land registry data shows three sales for THE IRON HOUSE 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 THE IRON HOUSE 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
2014 24 JUL	£475,000	£343,367	38% above HPI
2011 14 DEC	£390,000	£309,072	26% above HPI
1998 8 JAN	£124,000	£111,441	11% above HPI

THE IRON HOUSE 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 THE IRON HOUSE sales between January 1998 and July 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 December 2011 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the July 2014 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is THE IRON HOUSE?

THE IRON HOUSE is 234m², which includes one extension, according to the EPC inspection conducted in February 2013. This puts it in the largest 10% of detached houses in Rye, based on EPC data. The below chart shows the distribution of detached houses by size in Rye, and where THE IRON HOUSE lies on this distribution: 91% of detached houses are smaller than THE IRON HOUSE, and 9% of houses are larger. Note that EPC data is not available for all properties in Rye.

THE IRON HOUSE: Plot and Title Map

THE IRON HOUSE sits on a plot of roughly 0.036 of an acre, or 147m². The below map shows the location of THE IRON HOUSE, 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 THE IRON HOUSE). 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 THE IRON HOUSE?

THE IRON HOUSE is located on ROCK CHANNEL in RYE, in the TN31 postcode district. The below map shows the position of THE IRON HOUSE on ROCK CHANNEL.