2, CHATSWORTH DRIVE, RUSTINGTON, LITTLEHAMPTON, BN16 3SL - £400,000

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 CHATSWORTH DRIVE is a very small detached house of 75m², built sometime between 1991 and 1995, which could now be worth an estimated £414,406. It was last sold for £400,000 in February 2022, which was around 28% below the average February 2022 detached price in the Arun local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was C.

2 CHATSWORTH DRIVE Sold Prices

Land registry data shows two sales for 2 CHATSWORTH DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Arun local authority area for the corresponding sale date. Both of the two 2 CHATSWORTH DRIVE 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 11 FEB	£400,000	£554,728	28% below HPI
2017 21 NOV	£285,000	£465,641	39% below HPI

2 CHATSWORTH 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 two 2 CHATSWORTH DRIVE sales from November 2017 and February 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 November 2017 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the February 2022 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 2 CHATSWORTH DRIVE be worth now?

2 CHATSWORTH DRIVE might now be worth an estimated £414,406.

This is based on house price inflation of 3.6%, between February 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 3.6% inflationary increase is applied to the most recent sale price for 2 CHATSWORTH DRIVE of £400,000 on 11th February 2022. For the value to have increased from £400,000 to £414,406 over the three years to February 2025, the following assumptions must hold true:

• The value of 2 CHATSWORTH DRIVE has moved in line with the HPI for detached houses in the Arun local authority area.
• The February 2022 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CHATSWORTH DRIVE has not materially changed since February 2022.

How Large is 2 CHATSWORTH DRIVE?

2 CHATSWORTH DRIVE is 75m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 10% 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 CHATSWORTH DRIVE lies on this distribution: 7% of detached houses houses are smaller than 2 CHATSWORTH DRIVE, and 92% of houses are larger. Note that EPC data is not available for all properties in Rustington.

2 CHATSWORTH DRIVE: Plot and Title Map

2 CHATSWORTH DRIVE sits on a plot of roughly 0.046 of an acre, or 186m². The below map shows the location of 2 CHATSWORTH 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 2 CHATSWORTH 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 2 CHATSWORTH DRIVE?

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