2, MOUNT PLEASANT, SCHOOL LANE, PEASMARSH, RYE, TN31 6UT - £425,000

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

2 MOUNT PLEASANT is a midsized extended detached house of 98m², built sometime between 1930 and 1949. It was last sold for £425,000 in July 2022, which was around 27% below the average July 2022 detached price in the Rother local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was B.

2 MOUNT PLEASANT Sold Prices

Land registry data shows three sales for 2 MOUNT PLEASANT 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 2 MOUNT PLEASANT 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
2022 4 JUL	£425,000	£578,760	27% below HPI
2004 7 JUN	£250,000	£280,080	11% below HPI
1998 27 AUG	£111,150	£126,550	12% below HPI

2 MOUNT PLEASANT 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 2 MOUNT PLEASANT sales between August 1998 and July 2022 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 June 2004 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the July 2022 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 2 MOUNT PLEASANT?

2 MOUNT PLEASANT is 98m², which includes one extension, according to the EPC inspection conducted in January 2022. This puts it in the smallest 50% of detached houses in Peasmarsh, based on EPC data. The below chart shows the distribution of detached houses by size in Peasmarsh, and where 2 MOUNT PLEASANT lies on this distribution: 46% of detached houses are smaller than 2 MOUNT PLEASANT, and 52% of houses are larger. Note that EPC data is not available for all properties in Peasmarsh.

2 MOUNT PLEASANT: Plot and Title Map

2 MOUNT PLEASANT sits on a plot of roughly 0.223 of an acre, or 901m². The below map shows the location of 2 MOUNT PLEASANT, 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 2 MOUNT PLEASANT). 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 2 MOUNT PLEASANT?

2 MOUNT PLEASANT is located on SCHOOL LANE in PEASMARSH, in the TN31 postcode district. The below map shows the position of 2 MOUNT PLEASANT on SCHOOL LANE.