SOUTHEASE, STATION ROAD, NORTHIAM, RYE, TN31 6QA - £355,000

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

SOUTHEASE is a very small extended detached house of 75m², built sometime between 1967 and 1975. It was last sold for £355,000 in February 2021, which was around 29% below the average February 2021 detached price in the Rother local authority area. The most recent EPC inspection was February 2020, where the current energy rating was E, and the potential energy rating was B.

SOUTHEASE Sold Prices

Land registry data shows three sales for SOUTHEASE 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 SOUTHEASE 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
2021 26 FEB	£355,000	£497,948	29% below HPI
2017 22 SEP	£260,000	£434,150	40% below HPI
2010 26 FEB	£206,000	£308,787	33% below HPI

SOUTHEASE 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 SOUTHEASE sales between February 2010 and February 2021 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 2017 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the February 2021 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is SOUTHEASE?

SOUTHEASE is 75m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the smallest 10% of detached houses in Northiam, based on EPC data. The below chart shows the distribution of detached houses by size in Northiam, and where SOUTHEASE lies on this distribution: 8% of detached houses are smaller than SOUTHEASE, and 91% of houses are larger. Note that EPC data is not available for all properties in Northiam.

SOUTHEASE: Plot and Title Map

SOUTHEASE sits on a plot of roughly 0.198 of an acre, or 801m². The below map shows the location of SOUTHEASE, 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 SOUTHEASE). 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 SOUTHEASE?

SOUTHEASE is located on STATION ROAD in NORTHIAM, in the TN31 postcode district. The below map shows the position of SOUTHEASE on STATION ROAD.