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
12 BALMORAL CLOSE is a small detached house of 92m², built sometime between 1996 and 2002. It was last sold for £385,000 in October 2017, which was around 14% below the average October 2017 detached price in the Arun local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 12 BALMORAL CLOSE 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 12 BALMORAL 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 |
---|---|---|---|
2017 23 OCT | £385,000 | £446,892 | 14% below HPI |
2007 3 OCT | £273,000 | £343,808 | 21% below HPI |
2002 23 AUG | £212,500 | £227,212 | 6% 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 12 BALMORAL CLOSE sales between August 2002 and October 2017 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 October 2007 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the October 2017 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.
12 BALMORAL CLOSE is 92m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 40% of detached houses in Rustington, based on EPC data. The below chart shows the distribution of detached houses by size in Rustington, and where 12 BALMORAL CLOSE lies on this distribution: 33% of detached houses are smaller than 12 BALMORAL CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Rustington.
12 BALMORAL CLOSE sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 12 BALMORAL 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 12 BALMORAL 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.
12 BALMORAL CLOSE is located in RUSTINGTON, in the BN16 postcode district. The below map shows the position of No. 12 on BALMORAL CLOSE.