2, FARM WAY, RUSTINGTON, LITTLEHAMPTON, BN16 2PR - £295,000

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 FARM WAY is a very small extended detached house of 78m², built sometime between 1950 and 1966. It was last sold for £295,000 in January 2012, which was around 6% below the average January 2012 detached price in the Arun local authority area. The most recent EPC inspection was June 2011, where the current energy rating was E, and the potential energy rating was D.

2 FARM WAY Sold Prices

Land registry data shows two sales for 2 FARM WAY 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. One of the two 2 FARM WAY sales was for below the average price, whilst the other 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
2012 18 JAN	£295,000	£314,369	6% below HPI
1997 20 JAN	£145,000	£102,907	41% above HPI

2 FARM WAY 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 FARM WAY sales from January 1997 and January 2012 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 January 1997 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the January 2012 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 2 FARM WAY?

2 FARM WAY is 78m², which includes one extension, according to the EPC inspection conducted in June 2011. 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 2 FARM WAY lies on this distribution: 11% of detached houses are smaller than 2 FARM WAY, and 89% of houses are larger. Note that EPC data is not available for all properties in Rustington.

2 FARM WAY: Plot and Title Map

2 FARM WAY sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 2 FARM WAY, 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 FARM WAY). 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 FARM WAY?

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