MILL COTTAGE, COTTAGE LANE, WESTFIELD, HASTINGS, TN35 4RU - £415,000

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

MILL COTTAGE is a midsized detached house of 136m², built sometime between 2003 and 2006. It was last sold for £415,000 in June 2015, which was around 17% above the average June 2015 detached price in the Rother local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

MILL COTTAGE Sold Prices

Land registry data shows three sales for MILL COTTAGE 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. Two of the three MILL COTTAGE sales were for above the average price, whilst one was 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
2015 18 JUN	£415,000	£354,576	17% above HPI
2007 8 MAR	£365,000	£297,410	23% above HPI
2005 11 AUG	£205,000	£290,931	30% below HPI

MILL COTTAGE 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 MILL COTTAGE sales between August 2005 and June 2015 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 2007 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the June 2015 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is MILL COTTAGE?

MILL COTTAGE is 136m² according to the EPC inspection conducted in October 2013. This puts it in the largest 50% of detached houses in Westfield, based on EPC data. The below chart shows the distribution of detached houses by size in Westfield, and where MILL COTTAGE lies on this distribution: 59% of detached houses are smaller than MILL COTTAGE, and 41% of houses are larger. Note that EPC data is not available for all properties in Westfield.

MILL COTTAGE: Plot and Title Map

MILL COTTAGE sits on a plot of roughly 0.157 of an acre, or 634m². The below map shows the location of MILL COTTAGE, 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 MILL COTTAGE). 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 MILL COTTAGE?

MILL COTTAGE is located on COTTAGE LANE in WESTFIELD, in the TN35 postcode district. The below map shows the position of MILL COTTAGE on COTTAGE LANE.