24, HOLMES LANE, RUSTINGTON, LITTLEHAMPTON, BN16 2QA - £540,000

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

24 HOLMES LANE is a very small detached house of 75m², built sometime between 1950 and 1966. It was last sold for £540,000 in June 2023, which was around 1% below the average June 2023 detached price in the Arun local authority area. The most recent EPC inspection was August 2022, where the current energy rating was E, and the potential energy rating was D.

24 HOLMES LANE Sold Prices

Land registry data shows two sales for 24 HOLMES LANE 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 24 HOLMES LANE 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
2023 30 JUN	£540,000	£544,843	1% below HPI
1999 10 DEC	£135,000	£151,548	11% below HPI

24 HOLMES 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 two 24 HOLMES LANE sales from December 1999 and June 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 December 1999 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the June 2023 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 24 HOLMES LANE?

24 HOLMES LANE is 75m² according to the EPC inspection conducted in August 2022. 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 24 HOLMES LANE lies on this distribution: 8% of detached houses are smaller than 24 HOLMES LANE, and 91% of houses are larger. Note that EPC data is not available for all properties in Rustington.

24 HOLMES LANE: Plot and Title Map

24 HOLMES LANE sits on a plot of roughly 0.138 of an acre, or 560m². The below map shows the location of 24 HOLMES 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 24 HOLMES 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 24 HOLMES LANE?

24 HOLMES LANE is located in RUSTINGTON, in the BN16 postcode district. The below map shows the position of No. 24 on HOLMES LANE.