2, BUCKINGHAM PLACE, RUSTINGTON, LITTLEHAMPTON, BN16 3US - £470,000

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.

2 BUCKINGHAM PLACE is a small detached house of 97m², built sometime between 1996 and 2002, which could now be worth an estimated £484,985. It was last sold for £470,000 in April 2022, which was around 16% below the average April 2022 detached price in the Arun local authority area. The most recent EPC inspection was January 2016, where the current energy rating was E, and the potential energy rating was D.

2 BUCKINGHAM PLACE Sold Prices

Land registry data shows three sales for 2 BUCKINGHAM PLACE 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 2 BUCKINGHAM PLACE 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
2022 21 APR	£470,000	£556,949	16% below HPI
2016 14 OCT	£380,000	£440,867	14% below HPI
2001 31 AUG	£184,995	£201,690	8% below HPI

2 BUCKINGHAM PLACE 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 2 BUCKINGHAM PLACE sales between August 2001 and April 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 October 2016 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the April 2022 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 2 BUCKINGHAM PLACE be worth now?

2 BUCKINGHAM PLACE might now be worth an estimated £484,985.

This is based on house price inflation of 3.2%, between April 2022 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 3.2% inflationary increase is applied to the most recent sale price for 2 BUCKINGHAM PLACE of £470,000 on 21st April 2022. For the value to have increased from £470,000 to £484,985 over the three years and two months to February 2025, the following assumptions must hold true:

• The value of 2 BUCKINGHAM PLACE has moved in line with the HPI for detached houses in the Arun local authority area.
• The April 2022 sale price of £470,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BUCKINGHAM PLACE has not materially changed since April 2022.

How Large is 2 BUCKINGHAM PLACE?

2 BUCKINGHAM PLACE is 97m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 40% 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 2 BUCKINGHAM PLACE lies on this distribution: 39% of detached houses houses are smaller than 2 BUCKINGHAM PLACE, and 60% of houses are larger. Note that EPC data is not available for all properties in Rustington.

2 BUCKINGHAM PLACE: Plot and Title Map

2 BUCKINGHAM PLACE sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 2 BUCKINGHAM PLACE, 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 2 BUCKINGHAM PLACE). 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 2 BUCKINGHAM PLACE?

2 BUCKINGHAM PLACE is located in RUSTINGTON, in the BN16 postcode district. The below map shows the position of No. 2 on BUCKINGHAM PLACE.