OAK COTTAGE, MILL CORNER, NORTHIAM, RYE, TN31 6HU - £640,000

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

OAK COTTAGE is a midsized extended detached house of 105m², built sometime between 1930 and 1949. It was last sold for £640,000 in August 2017, which was around 49% above the average August 2017 detached price in the Rother local authority area. The most recent EPC inspection was June 2014, where the current energy rating was E, and the potential energy rating was C.

OAK COTTAGE Sold Prices

Land registry data shows two sales for OAK 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 OAK 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
2017 7 AUG	£640,000	£430,003	49% above HPI
2014 18 DEC	£389,000	£356,455	9% above HPI

OAK 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 OAK COTTAGE sales from December 2014 and August 2017 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 December 2014 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the August 2017 sale, where it rises to 49% above the HPI. The line then continues to track at 49% above the HPI.

How Large is OAK COTTAGE?

OAK COTTAGE is 105m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the smallest 50% of detached houses in Mill Corner, based on EPC data. The below chart shows the distribution of detached houses by size in Mill Corner, and where OAK COTTAGE lies on this distribution: 42% of detached houses are smaller than OAK COTTAGE, and 58% of houses are larger. Note that EPC data is not available for all properties in Mill Corner.

OAK COTTAGE: Plot and Title Map

OAK COTTAGE sits on a plot of roughly 0.316 of an acre, or 1,278m². The below map shows the location of OAK 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 OAK 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 OAK COTTAGE?

OAK COTTAGE is located on MILL CORNER in NORTHIAM, in the TN31 postcode district. The below map shows the position of OAK COTTAGE on MILL CORNER.