9, MONKS WAY, NORTHIAM, RYE, TN31 6QQ - £285,000

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

9 MONKS WAY is a very small detached house of 60m², built sometime between 1983 and 1990. It was last sold for £285,000 in November 2010, which was around 12% below the average November 2010 detached price in the Rother local authority area. The most recent EPC inspection was February 2010, where the current energy rating was C, and the potential energy rating was C.

9 MONKS WAY Sold Prices

Land registry data shows two sales for 9 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 9 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
2010 23 NOV	£285,000	£322,927	12% below HPI
2005 14 MAY	£210,000	£280,596	25% below HPI

9 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 9 MONKS WAY sales from May 2005 and November 2010 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 2005 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the November 2010 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 9 MONKS WAY?

9 MONKS WAY is 60m² according to the EPC inspection conducted in February 2010. This puts it in the smallest 10% of detached houses in Northiam, based on EPC data. The below chart shows the distribution of detached houses by size in Northiam, and where 9 MONKS WAY lies on this distribution: 1% of detached houses are smaller than 9 MONKS WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Northiam.

9 MONKS WAY: Plot and Title Map

9 MONKS WAY sits on a plot of roughly 0.104 of an acre, or 423m². The below map shows the location of 9 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 9 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 9 MONKS WAY?

9 MONKS WAY is located in NORTHIAM, in the TN31 postcode district. The below map shows the position of No. 9 on MONKS WAY.