PRIORY COTTAGE, TRAM ROAD, RYE HARBOUR, RYE, TN31 7TY - £520,000

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

PRIORY COTTAGE is a midsized extended detached house of 133m², built sometime between 1976 and 1982. It was last sold for £520,000 in August 2022, which was around 11% below the average August 2022 detached price in the Rother local authority area. The most recent EPC inspection was April 2024, where the current energy rating was D, and the potential energy rating was C.

PRIORY COTTAGE Sold Prices

Land registry data shows three sales for PRIORY 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. All of the three PRIORY 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 12 AUG	£520,000	£585,495	11% below HPI
2014 9 SEP	£295,000	£359,066	18% below HPI
2003 21 OCT	£185,000	£260,863	29% below HPI

PRIORY 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 PRIORY COTTAGE sales between October 2003 and August 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 September 2014 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the August 2022 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is PRIORY COTTAGE?

PRIORY COTTAGE is 133m², which includes one extension, according to the EPC inspection conducted in April 2024. This puts it in the largest 50% of detached houses in Rye, based on EPC data. The below chart shows the distribution of detached houses by size in Rye, and where PRIORY COTTAGE lies on this distribution: 54% of detached houses are smaller than PRIORY COTTAGE, and 45% of houses are larger. Note that EPC data is not available for all properties in Rye.

PRIORY COTTAGE: Plot and Title Map

PRIORY COTTAGE sits on a plot of roughly 0.158 of an acre, or 641m². The below map shows the location of PRIORY 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 PRIORY 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 PRIORY COTTAGE?

PRIORY COTTAGE is located on TRAM ROAD in RYE HARBOUR, in the TN31 postcode district. The below map shows the position of PRIORY COTTAGE on TRAM ROAD.