RHEEWALL COTTAGE, STATION ROAD, APPLEDORE, ASHFORD, TN26 2DE - £500,000

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.

RHEEWALL COTTAGE is a very small extended detached house of 116m², built sometime before 1900, which could now be worth an estimated £594,993. It was last sold for £500,000 in May 2018, which was around 6% above the average May 2018 detached price in the Ashford local authority area. The most recent EPC inspection was January 2018, where the current energy rating was E, and the potential energy rating was D.

RHEEWALL COTTAGE Sold Prices

Land registry data shows two sales for RHEEWALL 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 Ashford local authority area for the corresponding sale date. One of the two RHEEWALL COTTAGE sales was for above the average price, whilst the other was 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
2018 11 MAY	£500,000	£472,089	6% above HPI
2015 18 DEC	£241,100	£392,101	39% below HPI

RHEEWALL COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Ashford local authority area over time, sourced from the HPI. The two RHEEWALL COTTAGE sales from December 2015 and May 2018 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 2015 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the May 2018 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might RHEEWALL COTTAGE be worth now?

RHEEWALL COTTAGE might now be worth an estimated £594,993.

This is based on house price inflation of 19%, between May 2018 and February 2025, for detached houses, in the Ashford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19% inflationary increase is applied to the most recent sale price for RHEEWALL COTTAGE of £500,000 on 11th May 2018. For the value to have increased from £500,000 to £594,993 over the seven years and three months to February 2025, the following assumptions must hold true:

• The value of RHEEWALL COTTAGE has moved in line with the HPI for detached houses in the Ashford local authority area.
• The May 2018 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of RHEEWALL COTTAGE has not materially changed since May 2018.

How Large is RHEEWALL COTTAGE?

RHEEWALL COTTAGE is 116m², which includes two extensions, according to the EPC inspection conducted in January 2018. This puts it in the smallest 20% of detached houses houses in Appledore, based on EPC data. The below chart shows the distribution of detached houses houses by size in Appledore, and where RHEEWALL COTTAGE lies on this distribution: 15% of detached houses houses are smaller than RHEEWALL COTTAGE, and 85% of houses are larger. Note that EPC data is not available for all properties in Appledore.

RHEEWALL COTTAGE: Plot and Title Map

RHEEWALL COTTAGE sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of RHEEWALL 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 RHEEWALL 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 RHEEWALL COTTAGE?

RHEEWALL COTTAGE is located on STATION ROAD in APPLEDORE, in the TN26 postcode district. The below map shows the position of RHEEWALL COTTAGE on STATION ROAD.