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
1 ARTEX AVENUE is a very small detached house of 80m², built sometime between 1967 and 1975. It was last sold for £160,000 in February 2011, which was around 48% below the average February 2011 detached price in the Arun local authority area. The most recent EPC inspection was July 2010, where the current energy rating was E, and the potential energy rating was D.
Land registry data shows three sales for 1 ARTEX AVENUE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Arun local authority area for the corresponding sale date. All of the three 1 ARTEX AVENUE 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 |
---|---|---|---|
2011 10 FEB | £160,000 | £305,356 | 48% below HPI |
2007 1 JUN | £190,000 | £329,872 | 42% below HPI |
2002 31 MAY | £119,000 | £208,099 | 43% below HPI |
The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The three 1 ARTEX AVENUE sales between May 2002 and February 2011 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 June 2007 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the February 2011 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.
1 ARTEX AVENUE is 80m² according to the EPC inspection conducted in July 2010. This puts it in the smallest 20% of detached houses in Rustington, based on EPC data. The below chart shows the distribution of detached houses by size in Rustington, and where 1 ARTEX AVENUE lies on this distribution: 14% of detached houses are smaller than 1 ARTEX AVENUE, and 86% of houses are larger. Note that EPC data is not available for all properties in Rustington.
1 ARTEX AVENUE sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 1 ARTEX AVENUE, 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 1 ARTEX AVENUE). 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.
1 ARTEX AVENUE is located in RUSTINGTON, in the BN16 postcode district. The below map shows the position of No. 1 on ARTEX AVENUE.