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
TREE TOPS is a large extended detached house of 130m², built sometime between 1967 and 1975. It was last sold for £600,000 in June 2023, which was around 5% above the average June 2023 detached price in the Rother local authority area. The most recent EPC inspection was April 2016, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows three sales for TREE TOPS since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rother local authority area for the corresponding sale date. Two of the three TREE TOPS sales were for above the average price, whilst one was 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 |
---|---|---|---|
2023 9 JUN | £600,000 | £572,627 | 5% above HPI |
2016 7 OCT | £450,000 | £412,892 | 9% above HPI |
2007 19 OCT | £320,000 | £331,607 | 4% below HPI |
The below graph shows the average detached house price in the Rother local authority area over time, sourced from the HPI. The three TREE TOPS sales between October 2007 and June 2023 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 October 2016 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the June 2023 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.
TREE TOPS is 130m², which includes two extensions, according to the EPC inspection conducted in April 2016. This puts it in the largest 30% of detached houses in Fairlight Cove, based on EPC data. The below chart shows the distribution of detached houses by size in Fairlight Cove, and where TREE TOPS lies on this distribution: 70% of detached houses are smaller than TREE TOPS, and 29% of houses are larger. Note that EPC data is not available for all properties in Fairlight Cove.
TREE TOPS sits on a plot of roughly 0.772 of an acre, or 3,122m². The below map shows the location of TREE TOPS, 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 TREE TOPS). 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.
TREE TOPS is located on BROADWAY in FAIRLIGHT, in the TN35 postcode district. The below map shows the position of TREE TOPS on BROADWAY.