THE DEES, TRAM ROAD, RYE HARBOUR, RYE, TN31 7TY - £275,000

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

THE DEES is a very small detached house of 47m², built sometime between 1996 and 2002. It was last sold for £275,000 in September 2022, which was around 54% below the average September 2022 detached price in the Rother local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was B.

THE DEES Sold Prices

Land registry data shows two sales for THE DEES 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. Both of the two THE DEES 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
2022 30 SEP	£275,000	£597,033	54% below HPI
1998 18 DEC	£49,950	£121,516	59% below HPI

THE DEES 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 THE DEES sales from December 1998 and September 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 December 1998 sale was for 59% below the HPI. So the extrapolation line tracks at 59% below the HPI over time, until the September 2022 sale, where it rises to 54% below the HPI. The line then continues to track at 54% below the HPI.

How Large is THE DEES?

THE DEES is 47m² according to the EPC inspection conducted in February 2022. This puts it in the smallest 10% of detached houses in Rye, based on EPC data. The below chart shows the distribution of detached houses by size in Rye, and where THE DEES lies on this distribution: 1% of detached houses are smaller than THE DEES, and 99% of houses are larger. Note that EPC data is not available for all properties in Rye.

THE DEES: Plot and Title Map

THE DEES sits on a plot of roughly 0.027 of an acre, or 110m². The below map shows the location of THE DEES, 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 THE DEES). 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 THE DEES?

THE DEES is located on TRAM ROAD in RYE HARBOUR, in the TN31 postcode district. The below map shows the position of THE DEES on TRAM ROAD.