12, MEADWAY, RUSTINGTON, LITTLEHAMPTON, BN16 2DD - £720,000

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

12 MEADWAY is a very small extended detached house of 79m², built sometime between 1967 and 1975. It was last sold for £720,000 in January 2021, which was around 48% above the average January 2021 detached price in the Arun local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was C.

12 MEADWAY Sold Prices

Land registry data shows five sales for 12 MEADWAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Arun local authority area for the corresponding sale date. All of the five 12 MEADWAY 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
2021 22 JAN	£720,000	£484,881	48% above HPI
2015 27 MAR	£535,000	£375,126	43% above HPI
2011 12 AUG	£420,000	£316,960	33% above HPI
2000 27 JUL	£235,000	£170,819	38% above HPI
1996 9 AUG	£124,000	£99,573	25% above HPI

12 MEADWAY 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 five 12 MEADWAY sales between August 1996 and January 2021 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 2015 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the January 2021 sale, where it rises to 48% above the HPI. The line then continues to track at 48% above the HPI.

How Large is 12 MEADWAY?

12 MEADWAY is 79m², which includes one extension, according to the EPC inspection conducted in March 2011. 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 12 MEADWAY lies on this distribution: 12% of detached houses are smaller than 12 MEADWAY, and 87% of houses are larger. Note that EPC data is not available for all properties in Rustington.

12 MEADWAY: Plot and Title Map

12 MEADWAY sits on a plot of roughly 0.154 of an acre, or 622m². The below map shows the location of 12 MEADWAY, 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 MEADWAY). 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 12 MEADWAY?

12 MEADWAY is located in RUSTINGTON, in the BN16 postcode district. The below map shows the position of No. 12 on MEADWAY.