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
22 COWDRAY DRIVE is a large extended detached house of 137m², built sometime between 1967 and 1975. It was last sold for £437,500 in February 2024, which was around 20% below the average February 2024 detached price in the Arun local authority area. The most recent EPC inspection was November 2023, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 22 COWDRAY DRIVE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Arun local authority area for the corresponding sale date. One of the three 22 COWDRAY DRIVE sales was for below the average price, whilst two 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 |
---|---|---|---|
2024 28 FEB | £437,500 | £544,705 | 20% below HPI |
1999 20 DEC | £174,950 | £151,548 | 15% above HPI |
1996 23 OCT | £130,000 | £100,623 | 29% above HPI |
The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The three 22 COWDRAY DRIVE sales between October 1996 and February 2024 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 December 1999 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the February 2024 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.
22 COWDRAY DRIVE is 137m², which includes one extension, according to the EPC inspection conducted in November 2023. This puts it in the largest 30% of detached houses in Rustington, based on EPC data. The below chart shows the distribution of detached houses by size in Rustington, and where 22 COWDRAY DRIVE lies on this distribution: 75% of detached houses are smaller than 22 COWDRAY DRIVE, and 25% of houses are larger. Note that EPC data is not available for all properties in Rustington.
22 COWDRAY DRIVE sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 22 COWDRAY 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 22 COWDRAY 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.
22 COWDRAY DRIVE is located in RUSTINGTON, in the BN16 postcode district. The below map shows the position of No. 22 on COWDRAY DRIVE.