ORCHID COTTAGE, MAIN STREET, PEASMARSH, RYE, TN31 6SU - £320,000

ORCHID COTTAGE is a very small detached house of 67m². It was last sold for £320,000 in May 2022, which was around 43% below the average May 2022 detached price in the Rother local authority area. The most recent EPC inspection was October 2018, where the current energy rating was B, and the potential energy rating was A.

ORCHID COTTAGE Sold Prices

Land registry data shows two sales for ORCHID 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 ORCHID COTTAGE 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
2022 31 MAY	£320,000	£559,482	43% below HPI
2020 12 FEB	£270,000	£457,285	41% below HPI

ORCHID 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 ORCHID COTTAGE sales from February 2020 and May 2022 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 February 2020 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the May 2022 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is ORCHID COTTAGE?

ORCHID COTTAGE is 67m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 10% of detached houses in Peasmarsh, based on EPC data. The below chart shows the distribution of detached houses by size in Peasmarsh, and where ORCHID COTTAGE lies on this distribution: 7% of detached houses are smaller than ORCHID COTTAGE, and 92% of houses are larger. Note that EPC data is not available for all properties in Peasmarsh.

ORCHID COTTAGE: Plot and Title Map

ORCHID COTTAGE sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of ORCHID 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 ORCHID 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 ORCHID COTTAGE?

ORCHID COTTAGE is located on MAIN STREET in PEASMARSH, in the TN31 postcode district. The below map shows the position of ORCHID COTTAGE on MAIN STREET.