TEVIOT, MALTHOUSE LANE, PEASMARSH, RYE, TN31 6TA - £470,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

TEVIOT is a very large detached house of 167m², built sometime between 1967 and 1975. It was last sold for £470,000 in July 2022, which was around 19% below the average July 2022 detached price in the Rother local authority area. The most recent EPC inspection was January 2018, where the current energy rating was F, and the potential energy rating was D.

TEVIOT Sold Prices

Land registry data shows two sales for TEVIOT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Rother local authority area for the corresponding sale date. One of the two TEVIOT sales was for below the average price, whilst the other was 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
2022 4 JUL	£470,000	£578,760	19% below HPI
1997 24 NOV	£158,000	£116,367	36% above HPI

TEVIOT 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 two TEVIOT sales from November 1997 and July 2022 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 1997 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the July 2022 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is TEVIOT?

TEVIOT is 167m² according to the EPC inspection conducted in January 2018. This puts it in the largest 10% of detached houses in Peasmarsh, based on EPC data. The below chart shows the distribution of detached houses by size in Peasmarsh, and where TEVIOT lies on this distribution: 94% of detached houses are smaller than TEVIOT, and 6% of houses are larger. Note that EPC data is not available for all properties in Peasmarsh.

TEVIOT: Plot and Title Map

TEVIOT sits on a plot of roughly 0.193 of an acre, or 781m². The below map shows the location of TEVIOT, 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 TEVIOT). 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 TEVIOT?

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