3, OLD SCHOOL PLACE, RYE, TN31 7HR - £670,000

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

3 OLD SCHOOL PLACE is a large detached house of 158m². It was last sold for £670,000 in April 2019, which was around 48% above the average April 2019 detached price in the Rother local authority area. The most recent EPC inspection was July 2012, where the current energy rating was B, and the potential energy rating was B.

3 OLD SCHOOL PLACE Sold Prices

Land registry data shows two sales for 3 OLD SCHOOL PLACE 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 3 OLD SCHOOL PLACE 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
2019 25 APR	£670,000	£453,770	48% above HPI
2013 27 MAR	£475,000	£315,486	51% above HPI

3 OLD SCHOOL PLACE 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 3 OLD SCHOOL PLACE sales from March 2013 and April 2019 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 March 2013 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the April 2019 sale, where it falls to 48% above the HPI. The line then continues to track at 48% above the HPI.

How Large is 3 OLD SCHOOL PLACE?

3 OLD SCHOOL PLACE is 158m² according to the EPC inspection conducted in July 2012. This puts it in the largest 30% of detached houses in Rye, based on EPC data. The below chart shows the distribution of detached houses by size in Rye, and where 3 OLD SCHOOL PLACE lies on this distribution: 73% of detached houses are smaller than 3 OLD SCHOOL PLACE, and 25% of houses are larger. Note that EPC data is not available for all properties in Rye.

3 OLD SCHOOL PLACE: Plot and Title Map

3 OLD SCHOOL PLACE sits on a plot of roughly 0.215 of an acre, or 869m². The below map shows the location of 3 OLD SCHOOL PLACE, 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 3 OLD SCHOOL PLACE). 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 3 OLD SCHOOL PLACE?

3 OLD SCHOOL PLACE is located in RYE, in the TN31 postcode district. The below map shows the position of No. 3 on OLD SCHOOL PLACE.