1, SHAFTESBURY PLACE, RUSTINGTON, LITTLEHAMPTON, BN16 2GA - £475,000

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.

1 SHAFTESBURY PLACE is a large extended detached house of 118m², built sometime between 1996 and 2002, which could now be worth an estimated £466,559. It was last sold for £475,000 in February 2023, which was around 19% below the average February 2023 detached price in the Arun local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

1 SHAFTESBURY PLACE Sold Prices

Land registry data shows three sales for 1 SHAFTESBURY PLACE 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 SHAFTESBURY PLACE 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
2023 7 FEB	£475,000	£585,103	19% below HPI
2003 3 APR	£234,000	£262,172	11% below HPI
2002 25 JUN	£199,950	£222,245	10% below HPI

1 SHAFTESBURY PLACE 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 SHAFTESBURY PLACE sales between June 2002 and February 2023 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 April 2003 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the February 2023 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 1 SHAFTESBURY PLACE be worth now?

1 SHAFTESBURY PLACE might now be worth an estimated £466,559.

This is based on house price deflation of 1.8%, between February 2023 and February 2025, for detached houses, in the Arun local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.8% deflationary decrease is applied to the most recent sale price for 1 SHAFTESBURY PLACE of £475,000 on 7th February 2023. For the value to have decreased from £475,000 to £466,559 over the two years to February 2025, the following assumptions must hold true:

• The value of 1 SHAFTESBURY PLACE has moved in line with the HPI for detached houses in the Arun local authority area.
• The February 2023 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of 1 SHAFTESBURY PLACE has not materially changed since February 2023.

How Large is 1 SHAFTESBURY PLACE?

1 SHAFTESBURY PLACE is 118m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the largest 40% of detached houses houses in Rustington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rustington, and where 1 SHAFTESBURY PLACE lies on this distribution: 61% of detached houses houses are smaller than 1 SHAFTESBURY PLACE, and 38% of houses are larger. Note that EPC data is not available for all properties in Rustington.

1 SHAFTESBURY PLACE: Plot and Title Map

1 SHAFTESBURY PLACE sits on a plot of roughly 0.042 of an acre, or 169m². The below map shows the location of 1 SHAFTESBURY PLACE, 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 SHAFTESBURY PLACE). 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 SHAFTESBURY PLACE?

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