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

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 PARK DRIVE is a very small detached house of 78m², built sometime between 1983 and 1990. It was last sold for £395,000 in October 2016, which was around 7% 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. Two of the three 18A PARK DRIVE sales were for below the average price, whilst one was 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
2016 4 OCT	£395,000	£424,961	7% below HPI
2007 23 JUL	£327,500	£335,534	2% below HPI
1998 2 OCT	£136,000	£131,095	4% above 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 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the October 2016 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

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 in Rustington, based on EPC data. The below chart shows the distribution of detached houses by size in Rustington, and where 18A PARK DRIVE lies on this distribution: 11% of detached 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.