18A, PARK DRIVE, RUSTINGTON, LITTLEHAMPTON, BN16 3DZ - £395,000

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.

18A PARK DRIVE is a very small detached house of 78m², built sometime between 1983 and 1990, which could now be worth an estimated £514,915. It was last sold for £395,000 in October 2016, which was around 10% below the average October 2016 detached price in the Arun local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

18A PARK DRIVE Sold Prices

Land registry data shows three sales for 18A PARK DRIVE 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. The three 18A PARK DRIVE sales were a mix of below the average price, and roughly equal to 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
2016 4 OCT	£395,000	£440,867	10% below HPI
2007 23 JUL	£327,500	£348,092	6% below HPI
1998 2 OCT	£136,000	£136,002	Close to HPI

18A PARK DRIVE 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 18A PARK DRIVE sales between October 1998 and October 2016 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 2007 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the October 2016 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 18A PARK DRIVE be worth now?

18A PARK DRIVE might now be worth an estimated £514,915.

This is based on house price inflation of 30.4%, between October 2016 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 30.4% inflationary increase is applied to the most recent sale price for 18A PARK DRIVE of £395,000 on 4th October 2016. For the value to have increased from £395,000 to £514,915 over the nine years and eight months to February 2025, the following assumptions must hold true:

• The value of 18A PARK DRIVE has moved in line with the HPI for detached houses in the Arun local authority area.
• The October 2016 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 18A PARK DRIVE has not materially changed since October 2016.

How Large is 18A PARK DRIVE?

18A PARK DRIVE is 78m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 20% 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 18A PARK DRIVE lies on this distribution: 11% of detached houses houses are smaller than 18A PARK DRIVE, and 88% of houses are larger. Note that EPC data is not available for all properties in Rustington.

18A PARK DRIVE: Plot and Title Map

18A PARK DRIVE sits on a plot of roughly 0.096 of an acre, or 388m². The below map shows the location of 18A PARK DRIVE, 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 PARK DRIVE). 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 PARK DRIVE?

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