15, THE PARKWAY, RUSTINGTON, LITTLEHAMPTON, BN16 2BT - £643,073

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 THE PARKWAY is a large extended detached house of 120m², built sometime between 1930 and 1949, which could now be worth an estimated £782,002. It was last sold for £643,073 in January 2020, which was around 36% above the average January 2020 detached price in the Arun local authority area. The most recent EPC inspection was July 2019, where the current energy rating was C, and the potential energy rating was B.

15 THE PARKWAY Sold Prices

Land registry data shows two sales for 15 THE PARKWAY 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. Both of the two 15 THE PARKWAY 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
2020 12 JAN	£643,073	£472,605	36% above HPI
2009 30 SEP	£330,000	£302,856	9% above HPI

15 THE PARKWAY 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 THE PARKWAY sales from September 2009 and January 2020 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 2009 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the January 2020 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.

What might 15 THE PARKWAY be worth now?

15 THE PARKWAY might now be worth an estimated £782,002.

This is based on house price inflation of 21.6%, between January 2020 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 21.6% inflationary increase is applied to the most recent sale price for 15 THE PARKWAY of £643,073 on 12th January 2020. For the value to have increased from £643,073 to £782,002 over the four years and eleven months to February 2025, the following assumptions must hold true:

• The value of 15 THE PARKWAY has moved in line with the HPI for detached houses in the Arun local authority area.
• The January 2020 sale price of £643,073 represented a fair market value for the property.
• The size, condition, and specification of 15 THE PARKWAY has not materially changed since January 2020.

How Large is 15 THE PARKWAY?

15 THE PARKWAY is 120m², which includes one extension, according to the EPC inspection conducted in July 2019. 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 THE PARKWAY lies on this distribution: 63% of detached houses houses are smaller than 15 THE PARKWAY, and 36% of houses are larger. Note that EPC data is not available for all properties in Rustington.

15 THE PARKWAY: Plot and Title Map

15 THE PARKWAY sits on a plot of roughly 0.156 of an acre, or 630m². The below map shows the location of 15 THE PARKWAY, 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 THE PARKWAY). 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 THE PARKWAY?

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