3, COWDRAY CLOSE, RUSTINGTON, LITTLEHAMPTON, BN16 3SU - £390,000

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

3 COWDRAY CLOSE is a very small detached house of 82m², built sometime between 1991 and 1995. It was last sold for £390,000 in August 2019, which was around 13% below the average August 2019 detached price in the Arun local authority area. The most recent EPC inspection was January 2010, where the current energy rating was D, and the potential energy rating was D.

3 COWDRAY CLOSE Sold Prices

Land registry data shows six sales for 3 COWDRAY CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Arun local authority area for the corresponding sale date. Most of the six 3 COWDRAY CLOSE 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
2019 5 AUG	£390,000	£450,613	13% below HPI
2017 29 SEP	£285,000	£444,848	36% below HPI
2013 12 APR	£275,000	£324,910	15% below HPI
2011 15 FEB	£267,000	£305,356	13% below HPI
2006 7 NOV	£272,500	£310,240	12% below HPI
1995 6 JUN	£107,500	£96,218	12% above HPI

3 COWDRAY CLOSE 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 six 3 COWDRAY CLOSE sales between June 1995 and August 2019 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 September 2017 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the August 2019 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 3 COWDRAY CLOSE?

3 COWDRAY CLOSE is 82m² according to the EPC inspection conducted in January 2010. This puts it in the smallest 20% of detached houses in Rustington, based on EPC data. The below chart shows the distribution of detached houses by size in Rustington, and where 3 COWDRAY CLOSE lies on this distribution: 16% of detached houses are smaller than 3 COWDRAY CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Rustington.

3 COWDRAY CLOSE: Plot and Title Map

3 COWDRAY CLOSE sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 3 COWDRAY CLOSE, 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 3 COWDRAY CLOSE). 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 3 COWDRAY CLOSE?

3 COWDRAY CLOSE is located in RUSTINGTON, in the BN16 postcode district. The below map shows the position of No. 3 on COWDRAY CLOSE.