REDFORD COTTAGE, MAIN STREET, PEASMARSH, RYE, TN31 6SX - £413,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

REDFORD COTTAGE is a small detached house of 86m², built sometime before 1900, which could now be worth an estimated £407,456. It was last sold for £413,000 in August 2024, which was around 28% below the average August 2024 detached price in the Rother local authority area. The most recent EPC inspection was March 2024, where the current energy rating was D, and the potential energy rating was C.

REDFORD COTTAGE Sold Prices

Land registry data shows four sales for REDFORD COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rother local authority area for the corresponding sale date. All of the four REDFORD 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
2024 1 AUG	£413,000	£576,492	28% below HPI
2014 3 JUL	£249,950	£346,768	28% below HPI
2006 24 MAR	£285,000	£289,738	2% below HPI
1998 2 JUL	£110,000	£126,973	13% below HPI

REDFORD 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 four REDFORD COTTAGE sales between July 1998 and August 2024 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 July 2014 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the August 2024 sale, which was also at 28% below the HPI.

What might REDFORD COTTAGE be worth now?

REDFORD COTTAGE might now be worth an estimated £407,456.

This is based on house price deflation of 1.3%, between August 2024 and February 2025, for detached houses, in the Rother local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.3% deflationary decrease is applied to the most recent sale price for REDFORD COTTAGE of £413,000 on 1st August 2024. For the value to have decreased from £413,000 to £407,456 over the one year and six months to February 2025, the following assumptions must hold true:

• The value of REDFORD COTTAGE has moved in line with the HPI for detached houses in the Rother local authority area.
• The August 2024 sale price of £413,000 represented a fair market value for the property.
• The size, condition, and specification of REDFORD COTTAGE has not materially changed since August 2024.

How Large is REDFORD COTTAGE?

REDFORD COTTAGE is 86m² according to the EPC inspection conducted in March 2024. This puts it in the smallest 30% of detached houses houses in Peasmarsh, based on EPC data. The below chart shows the distribution of detached houses houses by size in Peasmarsh, and where REDFORD COTTAGE lies on this distribution: 30% of detached houses houses are smaller than REDFORD COTTAGE, and 70% of houses are larger. Note that EPC data is not available for all properties in Peasmarsh.

REDFORD COTTAGE: Plot and Title Map

REDFORD COTTAGE sits on a plot of roughly 0.149 of an acre, or 601m². The below map shows the location of REDFORD 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 REDFORD 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 REDFORD COTTAGE?

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