WINDMILL COTTAGE, BEACON LANE, NORTHIAM, RYE, TN31 6PJ - £500,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

WINDMILL COTTAGE is a very large extended detached house of 158m², built sometime before 1900, which could now be worth an estimated £471,644. It was last sold for £500,000 in September 2022, which was around 17% below the average September 2022 detached price in the Rother local authority area. The most recent EPC inspection was March 2022, where the current energy rating was F, and the potential energy rating was C.

WINDMILL COTTAGE Sold Prices

Land registry data shows two sales for WINDMILL COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Rother local authority area for the corresponding sale date. Both of the two WINDMILL 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
2022 15 SEP	£500,000	£602,947	17% below HPI
1998 30 OCT	£105,000	£127,427	18% below HPI

WINDMILL 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 two WINDMILL COTTAGE sales from October 1998 and September 2022 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 1998 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the September 2022 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might WINDMILL COTTAGE be worth now?

WINDMILL COTTAGE might now be worth an estimated £471,644.

This is based on house price deflation of 5.7%, between September 2022 and February 2025, for detached houses, in the Rother local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5.7% deflationary decrease is applied to the most recent sale price for WINDMILL COTTAGE of £500,000 on 15th September 2022. For the value to have decreased from £500,000 to £471,644 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of WINDMILL COTTAGE has moved in line with the HPI for detached houses in the Rother local authority area.
• The September 2022 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of WINDMILL COTTAGE has not materially changed since September 2022.

How Large is WINDMILL COTTAGE?

WINDMILL COTTAGE is 158m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the largest 20% of detached houses houses in Northiam, based on EPC data. The below chart shows the distribution of detached houses houses by size in Northiam, and where WINDMILL COTTAGE lies on this distribution: 83% of detached houses houses are smaller than WINDMILL COTTAGE, and 16% of houses are larger. Note that EPC data is not available for all properties in Northiam.

WINDMILL COTTAGE: Plot and Title Map

WINDMILL COTTAGE sits on a plot of roughly 0.099 of an acre, or 401m². The below map shows the location of WINDMILL 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 WINDMILL 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 WINDMILL COTTAGE?

WINDMILL COTTAGE is located on BEACON LANE in NORTHIAM, in the TN31 postcode district. The below map shows the position of WINDMILL COTTAGE on BEACON LANE.