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
11 HOLMES LANE is a very small extended detached house of 79m², built sometime between 1950 and 1966. It was last sold for £390,000 in March 2016, which was around 5% below the average March 2016 detached price in the Arun local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 11 HOLMES LANE 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 11 HOLMES LANE 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 |
---|---|---|---|
2016 2 MAR | £390,000 | £410,492 | 5% below HPI |
2008 30 SEP | £250,000 | £320,972 | 22% below HPI |
2005 30 MAR | £249,250 | £287,367 | 13% 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 11 HOLMES LANE sales between March 2005 and March 2016 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 September 2008 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the March 2016 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.
11 HOLMES LANE is 79m², which includes one extension, according to the EPC inspection conducted in September 2022. 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 11 HOLMES LANE lies on this distribution: 12% of detached houses are smaller than 11 HOLMES LANE, and 87% of houses are larger. Note that EPC data is not available for all properties in Rustington.
11 HOLMES LANE sits on a plot of roughly 0.086 of an acre, or 347m². The below map shows the location of 11 HOLMES 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 11 HOLMES 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.
11 HOLMES LANE is located in RUSTINGTON, in the BN16 postcode district. The below map shows the position of No. 11 on HOLMES LANE.