11, MONKS WAY, NORTHIAM, RYE, TN31 6QQ - £300,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

11 MONKS WAY is a small detached house of 89m², built sometime between 1976 and 1982. It was last sold for £300,000 in July 2015, which was around 17% below the average July 2015 detached price in the Rother local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

11 MONKS WAY Sold Prices

Land registry data shows two sales for 11 MONKS WAY 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 11 MONKS WAY 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
2015 13 JUL	£300,000	£362,694	17% below HPI
2007 18 MAY	£282,500	£311,181	9% below HPI

11 MONKS WAY 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 11 MONKS WAY sales from May 2007 and July 2015 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 May 2007 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the July 2015 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 11 MONKS WAY?

11 MONKS WAY is 89m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 30% of detached houses in Northiam, based on EPC data. The below chart shows the distribution of detached houses by size in Northiam, and where 11 MONKS WAY lies on this distribution: 26% of detached houses are smaller than 11 MONKS WAY, and 72% of houses are larger. Note that EPC data is not available for all properties in Northiam.

11 MONKS WAY: Plot and Title Map

11 MONKS WAY sits on a plot of roughly 0.123 of an acre, or 498m². The below map shows the location of 11 MONKS WAY, 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 11 MONKS WAY). 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 11 MONKS WAY?

11 MONKS WAY is located in NORTHIAM, in the TN31 postcode district. The below map shows the position of No. 11 on MONKS WAY.