THE LILACS, MAIN STREET, NORTHIAM, RYE, TN31 6LE - £235,000

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 LILACS is a small detached house of 89m², built sometime between 1991 and 1995. It was last sold for £235,000 in July 2014, which was around 32% below the average July 2014 detached price in the Rother local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was C.

THE LILACS Sold Prices

Land registry data shows four sales for THE LILACS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rother local authority area for the corresponding sale date. All of the four THE LILACS 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
2014 11 JUL	£235,000	£343,367	32% below HPI
2012 8 MAR	£222,000	£317,428	30% below HPI
2007 2 MAR	£234,000	£297,410	21% below HPI
1999 27 MAY	£104,000	£124,254	16% below HPI

THE LILACS 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 four THE LILACS sales between May 1999 and July 2014 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 March 2012 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the July 2014 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is THE LILACS?

THE LILACS is 89m² according to the EPC inspection conducted in February 2011. This puts it in the smallest 30% of detached houses in Northiam, based on EPC data. The below chart shows the distribution of detached houses by size in Northiam, and where THE LILACS lies on this distribution: 26% of detached houses are smaller than THE LILACS, and 72% of houses are larger. Note that EPC data is not available for all properties in Northiam.

THE LILACS: Plot and Title Map

THE LILACS sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of THE LILACS, 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 LILACS). 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 LILACS?

THE LILACS is located on MAIN STREET in NORTHIAM, in the TN31 postcode district. The below map shows the position of THE LILACS on MAIN STREET.