16, THE PARKWAY, RUSTINGTON, LITTLEHAMPTON, BN16 2BU - £547,000

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

16 THE PARKWAY is a large detached house of 145m², built sometime between 1930 and 1949. It was last sold for £547,000 in July 2017, which was around 26% above the average July 2017 detached price in the Arun local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was C.

16 THE PARKWAY Sold Prices

Land registry data shows three sales for 16 THE PARKWAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Arun local authority area for the corresponding sale date. All of the three 16 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
2017 7 JUL	£547,000	£434,050	26% above HPI
2000 11 OCT	£284,000	£176,754	61% above HPI
1996 30 SEP	£136,950	£99,734	37% above HPI

16 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 three 16 THE PARKWAY sales between September 1996 and July 2017 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 2000 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the July 2017 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is 16 THE PARKWAY?

16 THE PARKWAY is 145m² according to the EPC inspection conducted in June 2017. This puts it in the largest 30% 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 PARKWAY lies on this distribution: 79% of detached houses are smaller than 16 THE PARKWAY, and 21% of houses are larger. Note that EPC data is not available for all properties in Rustington.

16 THE PARKWAY: Plot and Title Map

16 THE PARKWAY sits on a plot of roughly 0.159 of an acre, or 642m². The below map shows the location of 16 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 16 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 16 THE PARKWAY?

16 THE PARKWAY is located in RUSTINGTON, in the BN16 postcode district. The below map shows the position of No. 16 on THE PARKWAY.