Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
RED TILES is a very large extended detached house of 156m², built sometime between 1930 and 1949. It was last sold for £585,000 in December 2022, which was around 4% below the average December 2022 detached price in the Rother local authority area. The most recent EPC inspection was April 2013, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows two sales for RED TILES since 1st 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 RED TILES 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 2 DEC | £585,000 | £606,602 | 4% below HPI |
1997 28 MAY | £95,000 | £104,999 | 10% below HPI |
The below graph shows the average detached house price in the Rother local authority area over time, sourced from the HPI. The two RED TILES sales from May 1997 and December 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 May 1997 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the December 2022 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.
RED TILES is 156m², which includes one extension, according to the EPC inspection conducted in April 2013. This puts it in the largest 20% of detached houses in Fairlight Cove, based on EPC data. The below chart shows the distribution of detached houses by size in Fairlight Cove, and where RED TILES lies on this distribution: 84% of detached houses are smaller than RED TILES, and 16% of houses are larger. Note that EPC data is not available for all properties in Fairlight Cove.
RED TILES sits on a plot of roughly 0.270 of an acre, or 1,093m². The below map shows the location of RED TILES, 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 RED TILES). 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.
RED TILES is located on BROADWAY in FAIRLIGHT, in the TN35 postcode district. The below map shows the position of RED TILES on BROADWAY.