22, FARLEYS WAY, PEASMARSH, RYE, TN31 6PZ - £340,000

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

22 FARLEYS WAY is a midsized extended detached house of 93m², built sometime between 1996 and 2002. It was last sold for £340,000 in August 2023, which was around 40% below the average August 2023 detached price in the Rother local authority area. The most recent EPC inspection was January 2023, where the current energy rating was D, and the potential energy rating was B.

22 FARLEYS WAY Sold Prices

Land registry data shows three sales for 22 FARLEYS WAY 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 22 FARLEYS 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
2023 14 AUG	£340,000	£568,258	40% below HPI
2001 31 AUG	£159,000	£185,089	14% below HPI
1997 23 DEC	£106,950	£115,562	7% below HPI

22 FARLEYS 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 three 22 FARLEYS WAY sales between December 1997 and August 2023 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 2001 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the August 2023 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 22 FARLEYS WAY?

22 FARLEYS WAY is 93m², which includes one extension, according to the EPC inspection conducted in January 2023. 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 22 FARLEYS WAY lies on this distribution: 40% of detached houses are smaller than 22 FARLEYS WAY, and 60% of houses are larger. Note that EPC data is not available for all properties in Peasmarsh.

22 FARLEYS WAY: Plot and Title Map

22 FARLEYS WAY sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 22 FARLEYS 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 22 FARLEYS 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 22 FARLEYS WAY?

22 FARLEYS WAY is located in PEASMARSH, in the TN31 postcode district. The below map shows the position of No. 22 on FARLEYS WAY.