15, BALMORAL CLOSE, RUSTINGTON, LITTLEHAMPTON, BN16 3UT - £375,000

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.

15 BALMORAL CLOSE is a large extended detached house of 118m², built sometime between 1996 and 2002, which could now be worth an estimated £389,601. It was last sold for £375,000 in July 2024, which was around 32% below the average July 2024 detached price in the Arun local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was B.

15 BALMORAL CLOSE Sold Prices

Land registry data shows two sales for 15 BALMORAL CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Arun local authority area for the corresponding sale date. One of the two 15 BALMORAL CLOSE sales was for below the average price, whilst the other was 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
2024 12 JUL	£375,000	£553,168	32% below HPI
2002 17 MAY	£239,000	£215,888	11% above HPI

15 BALMORAL CLOSE 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 two 15 BALMORAL CLOSE sales from May 2002 and July 2024 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 May 2002 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the July 2024 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 15 BALMORAL CLOSE be worth now?

15 BALMORAL CLOSE might now be worth an estimated £389,601.

This is based on house price inflation of 3.9%, between July 2024 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 3.9% inflationary increase is applied to the most recent sale price for 15 BALMORAL CLOSE of £375,000 on 12th July 2024. For the value to have increased from £375,000 to £389,601 over the one year and five months to February 2025, the following assumptions must hold true:

• The value of 15 BALMORAL CLOSE has moved in line with the HPI for detached houses in the Arun local authority area.
• The July 2024 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 15 BALMORAL CLOSE has not materially changed since July 2024.

How Large is 15 BALMORAL CLOSE?

15 BALMORAL CLOSE is 118m², which includes one extension, according to the EPC inspection conducted in March 2024. 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 15 BALMORAL CLOSE lies on this distribution: 61% of detached houses houses are smaller than 15 BALMORAL CLOSE, and 38% of houses are larger. Note that EPC data is not available for all properties in Rustington.

15 BALMORAL CLOSE: Plot and Title Map

15 BALMORAL CLOSE sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 15 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 15 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.

Where is 15 BALMORAL CLOSE?

15 BALMORAL CLOSE is located in RUSTINGTON, in the BN16 postcode district. The below map shows the position of No. 15 on BALMORAL CLOSE.