2, PARK DRIVE, RUSTINGTON, LITTLEHAMPTON, BN16 3DZ - £950,000

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 PARK DRIVE is a very large extended detached house of 208m², built sometime before 1900. It was last sold for £950,000 in October 2022, which was around 68% above the average October 2022 detached price in the Arun local authority area. The most recent EPC inspection was April 2010, where the current energy rating was F, and the potential energy rating was D.

2 PARK DRIVE Sold Prices

Land registry data shows two sales for 2 PARK 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 PARK DRIVE sales were 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
2022 4 OCT	£950,000	£566,180	68% above HPI
2011 27 APR	£511,500	£307,899	66% above HPI

2 PARK 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 PARK DRIVE sales from April 2011 and October 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 April 2011 sale was for 66% above the HPI. So the extrapolation line tracks at 66% above the HPI over time, until the October 2022 sale, where it rises to 68% above the HPI. The line then continues to track at 68% above the HPI.

How Large is 2 PARK DRIVE?

2 PARK DRIVE is 208m², which includes one extension, according to the EPC inspection conducted in April 2010. This puts it in the largest 10% 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 PARK DRIVE lies on this distribution: 95% of detached houses are smaller than 2 PARK DRIVE, and 5% of houses are larger. Note that EPC data is not available for all properties in Rustington.

2 PARK DRIVE: Plot and Title Map

2 PARK DRIVE sits on a plot of roughly 0.160 of an acre, or 649m². The below map shows the location of 2 PARK 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 PARK 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 PARK DRIVE?

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