NEW COTTAGE, MILL ROAD, WINCHELSEA, TN36 4HT - £852,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

NEW COTTAGE is a large extended detached house of 143m², built sometime between 1976 and 1982, which could now be worth an estimated £968,039. It was last sold for £852,500 in December 2020, which was around 70% above the average December 2020 detached price in the Rother local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was C.

NEW COTTAGE Sold Prices

Land registry data shows two sales for NEW COTTAGE 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 NEW COTTAGE 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 DEC	£852,500	£500,870	70% above HPI
2014 3 SEP	£745,000	£362,623	105% above HPI

NEW 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 two NEW COTTAGE sales from September 2014 and December 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 September 2014 sale was for 105% above the HPI. So the extrapolation line tracks at 105% above the HPI over time, until the December 2020 sale, where it falls to 70% above the HPI. The line then continues to track at 70% above the HPI.

What might NEW COTTAGE be worth now?

NEW COTTAGE might now be worth an estimated £968,039.

This is based on house price inflation of 13.6%, between December 2020 and February 2025, for detached houses, in the Rother local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.6% inflationary increase is applied to the most recent sale price for NEW COTTAGE of £852,500 on 10th December 2020. For the value to have increased from £852,500 to £968,039 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of NEW COTTAGE has moved in line with the HPI for detached houses in the Rother local authority area.
• The December 2020 sale price of £852,500 represented a fair market value for the property.
• The size, condition, and specification of NEW COTTAGE has not materially changed since December 2020.

How Large is NEW COTTAGE?

NEW COTTAGE is 143m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the largest 40% of detached houses houses in Winchelsea, based on EPC data. The below chart shows the distribution of detached houses houses by size in Winchelsea, and where NEW COTTAGE lies on this distribution: 65% of detached houses houses are smaller than NEW COTTAGE, and 33% of houses are larger. Note that EPC data is not available for all properties in Winchelsea.

NEW COTTAGE: Plot and Title Map

NEW COTTAGE sits on a plot of roughly 0.152 of an acre, or 615m². The below map shows the location of NEW 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 NEW 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 NEW COTTAGE?

NEW COTTAGE is located on MILL ROAD in WINCHELSEA, in the TN36 postcode district. The below map shows the position of NEW COTTAGE on MILL ROAD.