1, DREWETTS CLOSE, RUSTINGTON, LITTLEHAMPTON, BN16 3TL - £377,000

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

1 DREWETTS CLOSE is a small detached house of 88m², built sometime between 1996 and 2002. It was last sold for £377,000 in February 2019, which was around 16% below the average February 2019 detached price in the Arun local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was C.

1 DREWETTS CLOSE Sold Prices

Land registry data shows four sales for 1 DREWETTS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Arun local authority area for the corresponding sale date. Most of the four 1 DREWETTS CLOSE 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
2019 25 FEB	£377,000	£450,374	16% below HPI
2013 5 DEC	£315,000	£339,636	7% below HPI
2010 30 NOV	£249,995	£320,967	22% below HPI
1997 15 AUG	£129,995	£112,825	15% above HPI

1 DREWETTS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The four 1 DREWETTS CLOSE sales between August 1997 and February 2019 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 December 2013 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the February 2019 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 1 DREWETTS CLOSE?

1 DREWETTS CLOSE is 88m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 30% 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 DREWETTS CLOSE lies on this distribution: 25% of detached houses are smaller than 1 DREWETTS CLOSE, and 73% of houses are larger. Note that EPC data is not available for all properties in Rustington.

1 DREWETTS CLOSE: Plot and Title Map

1 DREWETTS CLOSE sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 1 DREWETTS CLOSE, 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 DREWETTS CLOSE). 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 1 DREWETTS CLOSE?

1 DREWETTS CLOSE is located in RUSTINGTON, in the BN16 postcode district. The below map shows the position of No. 1 on DREWETTS CLOSE.