HEATHER BANK, MAIN STREET, BECKLEY, RYE, TN31 6RJ - £465,000

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

HEATHER BANK is a very small detached house of 79m², built sometime between 1950 and 1966. It was last sold for £465,000 in July 2023, which was around 18% below the average July 2023 detached price in the Rother local authority area. The most recent EPC inspection was October 2022, where the current energy rating was E, and the potential energy rating was C.

HEATHER BANK Sold Prices

Land registry data shows three sales for HEATHER BANK 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 HEATHER BANK 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 17 JUL	£465,000	£565,085	18% below HPI
2009 13 NOV	£240,000	£300,206	20% below HPI
2000 27 JUN	£115,000	£166,895	31% below HPI

HEATHER BANK 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 HEATHER BANK sales between June 2000 and July 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 November 2009 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the July 2023 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is HEATHER BANK?

HEATHER BANK is 79m² according to the EPC inspection conducted in October 2022. This puts it in the smallest 10% of detached houses in Beckley, based on EPC data. The below chart shows the distribution of detached houses by size in Beckley, and where HEATHER BANK lies on this distribution: 9% of detached houses are smaller than HEATHER BANK, and 91% of houses are larger. Note that EPC data is not available for all properties in Beckley.

HEATHER BANK: Plot and Title Map

HEATHER BANK sits on a plot of roughly 0.158 of an acre, or 640m². The below map shows the location of HEATHER BANK, 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 HEATHER BANK). 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 HEATHER BANK?

HEATHER BANK is located on MAIN STREET in BECKLEY, in the TN31 postcode district. The below map shows the position of HEATHER BANK on MAIN STREET.