23, THE PARKWAY, RUSTINGTON, LITTLEHAMPTON, BN16 2BT - £720,000

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

23 THE PARKWAY is a large detached house of 119m², built sometime between 1950 and 1966. It was last sold for £720,000 in March 2023, which was around 27% above the average March 2023 detached price in the Arun local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was C.

23 THE PARKWAY Sold Prices

Land registry data shows three sales for 23 THE PARKWAY since 1^st 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. All of the three 23 THE PARKWAY 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 2 MAR	£720,000	£566,720	27% above HPI
2010 9 AUG	£440,000	£328,318	34% above HPI
2001 21 SEP	£250,000	£198,889	26% above HPI

23 THE PARKWAY 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 three 23 THE PARKWAY sales between September 2001 and March 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 August 2010 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the March 2023 sale, where it falls to 27% above the HPI. The line then continues to track at 27% above the HPI.

How Large is 23 THE PARKWAY?

23 THE PARKWAY is 119m² according to the EPC inspection conducted in March 2022. This puts it in the largest 40% of detached houses in Rustington, based on EPC data. The below chart shows the distribution of detached houses by size in Rustington, and where 23 THE PARKWAY lies on this distribution: 62% of detached houses are smaller than 23 THE PARKWAY, and 37% of houses are larger. Note that EPC data is not available for all properties in Rustington.

23 THE PARKWAY: Plot and Title Map

23 THE PARKWAY sits on a plot of roughly 0.156 of an acre, or 633m². The below map shows the location of 23 THE PARKWAY, 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 23 THE PARKWAY). 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 23 THE PARKWAY?

23 THE PARKWAY is located in RUSTINGTON, in the BN16 postcode district. The below map shows the position of No. 23 on THE PARKWAY.