2, VERNON CLOSE, RUSTINGTON, LITTLEHAMPTON, BN16 2NR - £315,000

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 VERNON CLOSE is a very small detached house of 66m², built sometime between 1950 and 1966. It was last sold for £315,000 in August 2014, which was around 12% below the average August 2014 detached price in the Arun local authority area. The most recent EPC inspection was December 2014, where the current energy rating was D, and the potential energy rating was B.

2 VERNON CLOSE Sold Prices

Land registry data shows two sales for 2 VERNON CLOSE 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 VERNON CLOSE 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
2014 19 AUG	£315,000	£357,779	12% below HPI
1995 12 OCT	£73,600	£95,294	23% below HPI

2 VERNON CLOSE 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 VERNON CLOSE sales from October 1995 and August 2014 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 October 1995 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the August 2014 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 2 VERNON CLOSE?

2 VERNON CLOSE is 66m² according to the EPC inspection conducted in December 2014. This puts it in the smallest 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 VERNON CLOSE lies on this distribution: 3% of detached houses are smaller than 2 VERNON CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Rustington.

2 VERNON CLOSE: Plot and Title Map

2 VERNON CLOSE sits on a plot of roughly 0.112 of an acre, or 452m². The below map shows the location of 2 VERNON 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 VERNON 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.

Where is 2 VERNON CLOSE?

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