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
15 BROADMARK LANE is a very small extended detached house of 85m², built sometime before 1900. It was last sold for £700,000 in August 2023, which was around 27% above the average August 2023 detached price in the Arun local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows two sales for 15 BROADMARK LANE since 1st 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. Both of the two 15 BROADMARK LANE 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 |
---|---|---|---|
2023 14 AUG | £700,000 | £550,253 | 27% above HPI |
2010 26 OCT | £339,950 | £321,605 | 6% above HPI |
The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The two 15 BROADMARK LANE sales from October 2010 and August 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 October 2010 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the August 2023 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.
15 BROADMARK LANE is 85m², which includes two extensions, according to the EPC inspection conducted in February 2023. 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 15 BROADMARK LANE lies on this distribution: 20% of detached houses are smaller than 15 BROADMARK LANE, and 79% of houses are larger. Note that EPC data is not available for all properties in Rustington.
15 BROADMARK LANE sits on a plot of roughly 0.127 of an acre, or 512m². The below map shows the location of 15 BROADMARK 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 15 BROADMARK 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.
15 BROADMARK LANE is located in RUSTINGTON, in the BN16 postcode district. The below map shows the position of No. 15 on BROADMARK LANE.