NEW COTTAGE, PETT ROAD, PETT, HASTINGS, TN35 4JG - £490,000

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

NEW COTTAGE is a midsized detached house of 148m², built sometime between 1976 and 1982. It was last sold for £490,000 in September 2020, which was around 7% above the average September 2020 detached price in the Rother local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was A.

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 25 SEP	£490,000	£459,331	7% above HPI
2009 15 MAY	£330,000	£266,592	24% 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 May 2009 and September 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 May 2009 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the September 2020 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is NEW COTTAGE?

NEW COTTAGE is 148m² according to the EPC inspection conducted in November 2016. This puts it in the largest 40% of detached houses in Pett, based on EPC data. The below chart shows the distribution of detached houses by size in Pett, and where NEW COTTAGE lies on this distribution: 60% of detached houses are smaller than NEW COTTAGE, and 40% of houses are larger. Note that EPC data is not available for all properties in Pett.

NEW COTTAGE: Plot and Title Map

NEW COTTAGE sits on a plot of roughly 0.286 of an acre, or 1,158m². 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 PETT ROAD in PETT, in the TN35 postcode district. The below map shows the position of NEW COTTAGE on PETT ROAD.