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 CHANCTONBURY CLOSE is a large extended detached house of 129m², built sometime between 1950 and 1966. It was last sold for £543,000 in May 2024, which was about the average May 2024 detached price in the Arun local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows six sales for 2 CHANCTONBURY CLOSE since 1st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Arun local authority area for the corresponding sale date. The six 2 CHANCTONBURY CLOSE sales were a mix of roughly equal to the average price, and 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 |
---|---|---|---|
2024 22 MAY | £543,000 | £545,263 | Close to HPI |
2016 2 DEC | £385,000 | £421,451 | 9% below HPI |
2004 9 JUL | £235,000 | £280,286 | 16% below HPI |
2003 17 JAN | £202,500 | £252,416 | 20% below HPI |
2000 13 OCT | £140,000 | £176,754 | 21% below HPI |
1996 29 MAR | £65,000 | £95,043 | 32% below HPI |
The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The six 2 CHANCTONBURY CLOSE sales between March 1996 and May 2024 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 December 2016 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the May 2024 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.
2 CHANCTONBURY CLOSE is 129m², which includes two extensions, according to the EPC inspection conducted in March 2016. This puts it in the largest 30% 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 CHANCTONBURY CLOSE lies on this distribution: 70% of detached houses are smaller than 2 CHANCTONBURY CLOSE, and 29% of houses are larger. Note that EPC data is not available for all properties in Rustington.
2 CHANCTONBURY CLOSE sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 2 CHANCTONBURY CLOSE, 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 CHANCTONBURY CLOSE). 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 CHANCTONBURY CLOSE is located in RUSTINGTON, in the BN16 postcode district. The below map shows the position of No. 2 on CHANCTONBURY CLOSE.