Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
2 BUCKINGHAM PLACE is a small detached house of 97m², built sometime between 1996 and 2002. It was last sold for £470,000 in April 2022, which was around 12% 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.
Land registry data shows three sales for 2 BUCKINGHAM PLACE since 1st 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 | £536,855 | 12% below HPI |
2016 14 OCT | £380,000 | £424,961 | 11% below HPI |
2001 31 AUG | £184,995 | £194,413 | 5% below HPI |
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 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the April 2022 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.
2 BUCKINGHAM PLACE is 97m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 40% of detached houses in Rustington, based on EPC data. The below chart shows the distribution of detached houses by size in Rustington, and where 2 BUCKINGHAM PLACE lies on this distribution: 40% of detached 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 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.
2 BUCKINGHAM PLACE is located in RUSTINGTON, in the BN16 postcode district. The below map shows the position of No. 2 on BUCKINGHAM PLACE.