Hermitage Farm, Rye
Hermitage Farm, Rye
Description & Estimates
Hermitage Farm, Rye is recorded publicly as a period freehold house across 2,195 ft2 of internal area, sitting on a 521,104 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of Hermitage Farm, Rye is £1,144,647 and its rental estimate is £2,502 per month, given the available information and assuming reasonable condition.
Starvecrow Lane, Peasmarsh, Rye, TN31 falls within the TN31 postal district, in the borough of Rother.
Our Data Sources
Hermitage Farm, Rye has a single entry in the Land Registry from August 2018 and a single entry in the EPC database dated April 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Hermitage Farm, Rye, we estimate a market value of £1,201,879 and a rental value of £2,627 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £1,064,521 and £2,327 per month respectively.
Recent Market Change
Over the last year, Hermitage Farm, Rye has seen its estimated sale value decline by £21,236 (1.9%) and its estimated rental value climb by £30 per month (1.2%). This results in an estimated gross rental yield of 2.6%.
Plot Size
HM Land Registry records the plot of land for Hermitage Farm, Rye as measuring 521,104 m2.
That makes it the 2nd largest plot in the postcode, where 7 of the 8 other houses have recorded plot data.
Energy Efficiency
Hermitage Farm, Rye has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 17 Apr 2018.
The property is not connected to mains gas and has single glazed windows. It is heated using Electric storage heaters.
Sold Prices
The most recent sale of Hermitage Farm, Rye completed on 2nd August 2018 at £1,772,927 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 7.6% over the period since August 2018.
- Sold Aug 2018£1,772,927
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Hermitage Farm, Rye have sold within a radius of 4.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 26th September 2014, was Partridge Farm, Starvecrow Lane, Rye, TN31 6XN, a freehold house which sold for £760,000.
Read more about house prices in TN31.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 22 addresses on Starvecrow Lane, Peasmarsh, Rye, TN31, Hermitage Farm, Rye comes out as the 11th largest and the 10th most expensive in our analysis of the public data.
It is also £699k more expensive than the average property across the TN31 district.
More reading links
Schools Nearby
- 1.6kmPeasmarsh Church of England Primary School
- 3.4kmBeckley Church of England Primary School
- 4.3kmRye Community Primary School
- 4.4kmRye College
- 10.0kmMulberry Academy Hastings
- 12.0kmArk Alexandra Academy
More reading links
Public Transport Nearby
From Hermitage Farm, Rye, the nearest station is Winchelsea, 4.0 kilometres away.
- 4.0kmWinchelsea
- 4.4kmRye (Sussex)
- 6.5kmDoleham
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
