SPARROWS, SCHOOL LANE, PEASMARSH, RYE, TN31 6UT - £395,000

SPARROWS is a large extended detached house of 113m², built sometime between 1930 and 1949. It was last sold for £395,000 in October 2015, which was around 4% above the average October 2015 detached price in the Rother local authority area. The most recent EPC inspection was March 2012, where the current energy rating was C, and the potential energy rating was C.

SPARROWS Sold Prices

Land registry data shows three sales for SPARROWS 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 SPARROWS sales were for above 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
2015 12 OCT	£395,000	£380,587	4% above HPI
2012 28 JUN	£362,000	£314,349	15% above HPI
2010 11 FEB	£325,000	£308,787	5% above HPI

SPARROWS 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 SPARROWS sales between February 2010 and October 2015 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 June 2012 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the October 2015 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is SPARROWS?

SPARROWS is 113m², which includes two extensions, according to the EPC inspection conducted in March 2012. This puts it in the largest 30% of detached houses in Peasmarsh, based on EPC data. The below chart shows the distribution of detached houses by size in Peasmarsh, and where SPARROWS lies on this distribution: 70% of detached houses are smaller than SPARROWS, and 30% of houses are larger. Note that EPC data is not available for all properties in Peasmarsh.

SPARROWS: Plot and Title Map

SPARROWS sits on a plot of roughly 0.263 of an acre, or 1,064m². The below map shows the location of SPARROWS, 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 SPARROWS). 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 SPARROWS?

SPARROWS is located on SCHOOL LANE in PEASMARSH, in the TN31 postcode district. The below map shows the position of SPARROWS on SCHOOL LANE.