1, MILL LANE, RUSTINGTON, LITTLEHAMPTON, BN16 3ED - £380,000

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 MILL LANE is a very large extended detached house of 148m². It was last sold for £380,000 in July 2007, which was around 13% above the average July 2007 detached price in the Arun local authority area. The most recent EPC inspection was October 2009, where the current energy rating was F, and the potential energy rating was D.

1 MILL LANE Sold Prices

Land registry data shows three sales for 1 MILL LANE since 1^st 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 MILL LANE sales were for above 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
2007 5 JUL	£380,000	£335,534	13% above HPI
2006 7 MAR	£350,000	£287,798	22% above HPI
1995 9 MAY	£95,000	£93,614	1% above HPI

1 MILL LANE 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 three 1 MILL LANE sales between May 1995 and July 2007 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 March 2006 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the July 2007 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 1 MILL LANE?

1 MILL LANE is 148m², which includes two extensions, according to the EPC inspection conducted in October 2009. This puts it in the largest 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 MILL LANE lies on this distribution: 81% of detached houses are smaller than 1 MILL LANE, and 19% of houses are larger. Note that EPC data is not available for all properties in Rustington.

1 MILL LANE: Plot and Title Map

1 MILL LANE sits on a plot of roughly 0.133 of an acre, or 536m². The below map shows the location of 1 MILL LANE, 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 MILL LANE). 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 MILL LANE?

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