CHANDLERS REACH, MILITARY ROAD, RYE, TN31 7NY - £1,845,000

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

CHANDLERS REACH is a very large extended detached house of 241m², built sometime from 2007 onwards. It was last sold for £1,845,000 in August 2020, which was around 307% above the average August 2020 detached price in the Rother local authority area. The most recent EPC inspection was June 2014, where the current energy rating was C, and the potential energy rating was C.

CHANDLERS REACH Sold Prices

Land registry data shows two sales for CHANDLERS REACH 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 CHANDLERS REACH 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
2020 10 AUG	£1,845,000	£452,992	307% above HPI
2014 26 AUG	£690,000	£350,949	97% above HPI

CHANDLERS REACH 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 CHANDLERS REACH sales from August 2014 and August 2020 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 2014 sale was for 97% above the HPI. So the extrapolation line tracks at 97% above the HPI over time, until the August 2020 sale, where it rises to 307% above the HPI. The line then continues to track at 307% above the HPI.

How Large is CHANDLERS REACH?

CHANDLERS REACH is 241m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the largest 10% of detached houses in Rye, based on EPC data. The below chart shows the distribution of detached houses by size in Rye, and where CHANDLERS REACH lies on this distribution: 93% of detached houses are smaller than CHANDLERS REACH, and 7% of houses are larger. Note that EPC data is not available for all properties in Rye.

CHANDLERS REACH: Plot and Title Map

CHANDLERS REACH sits on a plot of roughly 0.403 of an acre, or 1,629m². The below map shows the location of CHANDLERS REACH, 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 CHANDLERS REACH). 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 CHANDLERS REACH?

CHANDLERS REACH is located on MILITARY ROAD in RYE, in the TN31 postcode district. The below map shows the position of CHANDLERS REACH on MILITARY ROAD.