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
16 THE MARTLETS is a midsized detached house of 106m², built sometime between 1996 and 2002. It was last sold for £455,000 in April 2021, which was around 6% below the average April 2021 detached price in the Arun local authority area. The most recent EPC inspection was November 2019, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 16 THE MARTLETS 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 16 THE MARTLETS 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 |
---|---|---|---|
2021 29 APR | £455,000 | £484,339 | 6% below HPI |
2018 6 JUL | £345,000 | £460,170 | 25% below HPI |
The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The two 16 THE MARTLETS sales from July 2018 and April 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 July 2018 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the April 2021 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.
16 THE MARTLETS is 106m² according to the EPC inspection conducted in November 2019. This puts it in the largest 50% of detached houses in Rustington, based on EPC data. The below chart shows the distribution of detached houses by size in Rustington, and where 16 THE MARTLETS lies on this distribution: 50% of detached houses are smaller than 16 THE MARTLETS, and 49% of houses are larger. Note that EPC data is not available for all properties in Rustington.
16 THE MARTLETS sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 16 THE MARTLETS, 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 16 THE MARTLETS). 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.
16 THE MARTLETS is located in RUSTINGTON, in the BN16 postcode district. The below map shows the position of No. 16 on THE MARTLETS.