18A, BROADMARK LANE, RUSTINGTON, LITTLEHAMPTON, BN16 2HJ - £795,000

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

18A BROADMARK LANE is a very large extended detached house of 185m², built sometime between 2003 and 2006. It was last sold for £795,000 in August 2022, which was around 44% above the average August 2022 detached price in the Arun local authority area. The most recent EPC inspection was May 2022, where the current energy rating was E, and the potential energy rating was D.

18A BROADMARK LANE Sold Prices

Land registry data shows two sales for 18A BROADMARK LANE 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 18A 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
2022 12 AUG	£795,000	£550,948	44% above HPI
1998 12 NOV	£239,950	£131,925	82% above HPI

18A BROADMARK LANE 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 18A BROADMARK LANE sales from November 1998 and August 2022 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 November 1998 sale was for 82% above the HPI. So the extrapolation line tracks at 82% above the HPI over time, until the August 2022 sale, where it falls to 44% above the HPI. The line then continues to track at 44% above the HPI.

How Large is 18A BROADMARK LANE?

18A BROADMARK LANE is 185m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the largest 10% of detached houses in Rustington, based on EPC data. The below chart shows the distribution of detached houses by size in Rustington, and where 18A BROADMARK LANE lies on this distribution: 92% of detached houses are smaller than 18A BROADMARK LANE, and 8% of houses are larger. Note that EPC data is not available for all properties in Rustington.

18A BROADMARK LANE: Plot and Title Map

18A BROADMARK LANE sits on a plot of roughly 0.108 of an acre, or 437m². The below map shows the location of 18A 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 18A 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.

Where is 18A BROADMARK LANE?

18A BROADMARK LANE is located in RUSTINGTON, in the BN16 postcode district. The below map shows the position of No. 18A on BROADMARK LANE.