20, MILL LANE, RUSTINGTON, LITTLEHAMPTON, BN16 3EG - £790,000

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

20 MILL LANE is a very large extended detached house of 221m², built sometime between 1950 and 1966. It was last sold for £790,000 in September 2023, which was around 42% above the average September 2023 detached price in the Arun local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was C.

20 MILL LANE Sold Prices

Land registry data shows four sales for 20 MILL LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Arun local authority area for the corresponding sale date. All of the four 20 MILL LANE 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
2023 12 SEP	£790,000	£556,997	42% above HPI
2021 31 MAR	£667,000	£481,909	38% above HPI
2013 22 NOV	£492,000	£344,170	43% above HPI
1998 28 AUG	£160,000	£127,949	25% above HPI

20 MILL LANE 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 four 20 MILL LANE sales between August 1998 and September 2023 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 March 2021 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the September 2023 sale, where it rises to 42% above the HPI. The line then continues to track at 42% above the HPI.

How Large is 20 MILL LANE?

20 MILL LANE is 221m², which includes four extensions, according to the EPC inspection conducted in August 2020. 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 20 MILL LANE lies on this distribution: 96% of detached houses are smaller than 20 MILL LANE, and 4% of houses are larger. Note that EPC data is not available for all properties in Rustington.

20 MILL LANE: Plot and Title Map

20 MILL LANE sits on a plot of roughly 0.253 of an acre, or 1,025m². The below map shows the location of 20 MILL LANE, 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 20 MILL LANE). 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 20 MILL LANE?

20 MILL LANE is located in RUSTINGTON, in the BN16 postcode district. The below map shows the position of No. 20 on MILL LANE.