CROSSWAYS, PARSONAGE LANE, ICKLESHAM, WINCHELSEA, TN36 4BL - £428,000

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

CROSSWAYS is a large detached house of 123m², built sometime before 1900. It was last sold for £428,000 in July 2024, which was around 24% below the average July 2024 detached price in the Rother local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was B.

CROSSWAYS Sold Prices

Land registry data shows four sales for CROSSWAYS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rother local authority area for the corresponding sale date. Most of the four CROSSWAYS 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
2024 19 JUL	£428,000	£565,816	24% below HPI
2018 16 JUL	£345,000	£450,474	23% below HPI
2006 20 JUL	£305,000	£290,785	5% above HPI
2000 21 DEC	£168,000	£168,898	1% below HPI

CROSSWAYS 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 four CROSSWAYS sales between December 2000 and July 2024 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 July 2018 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the July 2024 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is CROSSWAYS?

CROSSWAYS is 123m² according to the EPC inspection conducted in April 2023. This puts it in the largest 40% of detached houses in Icklesham, based on EPC data. The below chart shows the distribution of detached houses by size in Icklesham, and where CROSSWAYS lies on this distribution: 67% of detached houses are smaller than CROSSWAYS, and 33% of houses are larger. Note that EPC data is not available for all properties in Icklesham.

CROSSWAYS: Plot and Title Map

CROSSWAYS sits on a plot of roughly 0.036 of an acre, or 144m². The below map shows the location of CROSSWAYS, 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 CROSSWAYS). 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 CROSSWAYS?

CROSSWAYS is located on PARSONAGE LANE in ICKLESHAM, in the TN36 postcode district. The below map shows the position of CROSSWAYS on PARSONAGE LANE.