THE MILLINGS, MILL CORNER, NORTHIAM, RYE, TN31 6HT - £645,000

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 MILLINGS is a large detached house of 151m², built sometime between 1996 and 2002. It was last sold for £645,000 in June 2018, which was around 45% above the average June 2018 detached price in the Rother local authority area. The most recent EPC inspection was March 2018, where the current energy rating was C, and the potential energy rating was B.

THE MILLINGS Sold Prices

Land registry data shows four sales for THE MILLINGS 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 MILLINGS 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
2018 6 JUN	£645,000	£444,378	45% above HPI
2006 3 APR	£468,000	£292,342	60% above HPI
2001 4 SEP	£318,000	£187,334	70% above HPI
1999 28 MAY	£245,000	£124,254	97% above HPI

THE MILLINGS 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 MILLINGS sales between May 1999 and June 2018 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 April 2006 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the June 2018 sale, where it falls to 45% above the HPI. The line then continues to track at 45% above the HPI.

How Large is THE MILLINGS?

THE MILLINGS is 151m² according to the EPC inspection conducted in March 2018. This puts it in the largest 30% of detached houses in Mill Corner, based on EPC data. The below chart shows the distribution of detached houses by size in Mill Corner, and where THE MILLINGS lies on this distribution: 76% of detached houses are smaller than THE MILLINGS, and 24% of houses are larger. Note that EPC data is not available for all properties in Mill Corner.

THE MILLINGS: Plot and Title Map

THE MILLINGS sits on a plot of roughly 0.260 of an acre, or 1,052m². The below map shows the location of THE MILLINGS, 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 MILLINGS). 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 MILLINGS?

THE MILLINGS is located on MILL CORNER in NORTHIAM, in the TN31 postcode district. The below map shows the position of THE MILLINGS on MILL CORNER.