WILLOW COTTAGE, MAIN STREET, NORTHIAM, RYE, TN31 6LE - £245,000

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

WILLOW COTTAGE is a very small detached house of 80m², built sometime from 2007 onwards. It was last sold for £245,000 in September 2014, which was around 32% below the average September 2014 detached price in the Rother local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was B.

WILLOW COTTAGE Sold Prices

Land registry data shows six sales for WILLOW COTTAGE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Rother local authority area for the corresponding sale date. All of the six WILLOW COTTAGE 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 26 SEP	£245,000	£359,066	32% below HPI
2007 2 NOV	£247,500	£338,414	27% below HPI
2007 19 AUG	£249,950	£331,283	25% below HPI
2004 23 JUL	£231,500	£284,185	19% below HPI
2002 19 JUN	£148,000	£204,927	28% below HPI
1999 27 OCT	£99,950	£144,452	31% below HPI

WILLOW COTTAGE 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 six WILLOW COTTAGE sales between October 1999 and September 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 November 2007 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the September 2014 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is WILLOW COTTAGE?

WILLOW COTTAGE is 80m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 20% of detached houses in Northiam, based on EPC data. The below chart shows the distribution of detached houses by size in Northiam, and where WILLOW COTTAGE lies on this distribution: 13% of detached houses are smaller than WILLOW COTTAGE, and 86% of houses are larger. Note that EPC data is not available for all properties in Northiam.

WILLOW COTTAGE: Plot and Title Map

WILLOW COTTAGE sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of WILLOW COTTAGE, 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 WILLOW COTTAGE). 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 WILLOW COTTAGE?

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