ROSEMARY, MARCHANTS DRIVE, CAMBER, RYE, TN31 7RF - £275,000

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.

ROSEMARY is a very small detached house of 78m², built sometime between 1976 and 1982, which could now be worth an estimated £363,223. It was last sold for £275,000 in March 2018, which was around 37% below the average March 2018 detached price in the Rother local authority area. The most recent EPC inspection was September 2017, where the current energy rating was E, and the potential energy rating was B.

ROSEMARY Sold Prices

Land registry data shows three sales for ROSEMARY 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 ROSEMARY 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
2018 2 MAR	£275,000	£438,114	37% below HPI
2005 18 NOV	£195,000	£287,171	32% below HPI
1999 27 AUG	£85,500	£141,445	40% below HPI

ROSEMARY 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 ROSEMARY sales between August 1999 and March 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 November 2005 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the March 2018 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might ROSEMARY be worth now?

ROSEMARY might now be worth an estimated £363,223.

This is based on house price inflation of 32.1%, between March 2018 and March 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 32.1% inflationary increase is applied to the most recent sale price for ROSEMARY of £275,000 on 2nd March 2018. For the value to have increased from £275,000 to £363,223 over the seven years to March 2025, the following assumptions must hold true:

• The value of ROSEMARY has moved in line with the HPI for detached houses in the Rother local authority area.
• The March 2018 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of ROSEMARY has not materially changed since March 2018.

How Large is ROSEMARY?

ROSEMARY is 78m² according to the EPC inspection conducted in September 2017. This puts it in the smallest 20% of detached houses houses in Camber, based on EPC data. The below chart shows the distribution of detached houses houses by size in Camber, and where ROSEMARY lies on this distribution: 17% of detached houses houses are smaller than ROSEMARY, and 82% of houses are larger. Note that EPC data is not available for all properties in Camber.

ROSEMARY: Plot and Title Map

ROSEMARY sits on a plot of roughly 0.118 of an acre, or 476m². The below map shows the location of ROSEMARY, 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 ROSEMARY). 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 ROSEMARY?

ROSEMARY is located on MARCHANTS DRIVE in CAMBER, in the TN31 postcode district. The below map shows the position of ROSEMARY on MARCHANTS DRIVE.