Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
2 OLD RECTORY GARDENS is a very large extended detached house of 144m², built sometime between 1930 and 1949. It was last sold for £640,000 in January 2019, which was around 32% above the average January 2019 detached price in the Adur local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 2 OLD RECTORY GARDENS since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Adur local authority area for the corresponding sale date. One of the three 2 OLD RECTORY GARDENS sales was for above the average price, whilst two 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 |
---|---|---|---|
2019 24 JAN | £640,000 | £485,006 | 32% above HPI |
2012 24 FEB | £285,000 | £310,901 | 8% below HPI |
2003 6 MAY | £239,950 | £242,553 | 1% below HPI |
The below graph shows the average detached house price in the Adur local authority area over time, sourced from the HPI. The three 2 OLD RECTORY GARDENS sales between May 2003 and January 2019 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 February 2012 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the January 2019 sale, where it rises to 32% above the HPI. The line then continues to track at 32% above the HPI.
2 OLD RECTORY GARDENS is 144m², which includes two extensions, according to the EPC inspection conducted in October 2018. This puts it in the largest 20% of detached houses in Southwick, based on EPC data. The below chart shows the distribution of detached houses by size in Southwick, and where 2 OLD RECTORY GARDENS lies on this distribution: 83% of detached houses are smaller than 2 OLD RECTORY GARDENS, and 17% of houses are larger. Note that EPC data is not available for all properties in Southwick.
2 OLD RECTORY GARDENS sits on a plot of roughly 0.128 of an acre, or 518m². The below map shows the location of 2 OLD RECTORY GARDENS, 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 OLD RECTORY GARDENS). 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 OLD RECTORY GARDENS is located in SOUTHWICK, in the BN42 postcode district. The below map shows the position of No. 2 on OLD RECTORY GARDENS.