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 MEADWAY is a small detached house of 87m², built sometime between 1976 and 1982. It was last sold for £640,000 in July 2022, which was around 16% above the average July 2022 detached price in the Arun local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 22 MEADWAY since 1st 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 22 MEADWAY 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 26 JUL | £640,000 | £552,284 | 16% above HPI |
1995 16 MAY | £100,000 | £93,614 | 7% above HPI |
The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The two 22 MEADWAY sales from May 1995 and July 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 May 1995 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the July 2022 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.
22 MEADWAY is 87m² according to the EPC inspection conducted in January 2022. This puts it in the smallest 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 MEADWAY lies on this distribution: 23% of detached houses are smaller than 22 MEADWAY, and 76% of houses are larger. Note that EPC data is not available for all properties in Rustington.
22 MEADWAY sits on a plot of roughly 0.173 of an acre, or 698m². The below map shows the location of 22 MEADWAY, 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 MEADWAY). 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 MEADWAY is located in RUSTINGTON, in the BN16 postcode district. The below map shows the position of No. 22 on MEADWAY.