THE MILL HOUSE, BREDE, RYE, TN31 6EA - £640,000

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 MILL HOUSE is a very large extended detached house of 228m², built sometime before 1900. It was last sold for £640,000 in July 2020, which was around 38% above the average July 2020 detached price in the Rother local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was C.

THE MILL HOUSE Sold Prices

Land registry data shows five sales for THE MILL HOUSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Rother local authority area for the corresponding sale date. All of the five THE MILL HOUSE 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
2020 24 JUL	£640,000	£465,398	38% above HPI
2017 24 FEB	£562,500	£413,719	36% above HPI
2003 17 NOV	£357,000	£266,689	34% above HPI
2000 7 JUL	£274,000	£165,837	65% above HPI
1998 27 FEB	£140,000	£109,681	28% above HPI

THE MILL HOUSE 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 five THE MILL HOUSE sales between February 1998 and July 2020 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 February 2017 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the July 2020 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is THE MILL HOUSE?

THE MILL HOUSE is 228m², which includes two extensions, according to the EPC inspection conducted in July 2019. This puts it in the largest 20% of detached houses in Cackle Street, based on EPC data. The below chart shows the distribution of detached houses by size in Cackle Street, and where THE MILL HOUSE lies on this distribution: 89% of detached houses are smaller than THE MILL HOUSE, and 11% of houses are larger. Note that EPC data is not available for all properties in Cackle Street.

THE MILL HOUSE: Plot and Title Map

THE MILL HOUSE sits on a plot of roughly 0.213 of an acre, or 862m². The below map shows the location of THE MILL HOUSE, 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 MILL HOUSE). 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 MILL HOUSE?

THE MILL HOUSE is located in BREDE, in the TN31 postcode district. The below map shows the position of THE MILL HOUSE in BREDE.