3, DREWETTS CLOSE, RUSTINGTON, LITTLEHAMPTON, BN16 3TL - £448,000

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 DREWETTS CLOSE is a small extended detached house of 93m², built sometime between 1996 and 2002. It was last sold for £448,000 in February 2022, which was around 16% below the average February 2022 detached price in the Arun local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was D.

3 DREWETTS CLOSE Sold Prices

Land registry data shows six sales for 3 DREWETTS 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 DREWETTS 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
2022 11 FEB	£448,000	£534,715	16% below HPI
2015 27 FEB	£299,000	£371,861	20% below HPI
2013 14 JAN	£262,000	£321,940	19% below HPI
2006 27 JUN	£250,000	£292,463	15% below HPI
1999 10 SEP	£135,000	£142,987	6% below HPI
1997 19 SEP	£127,000	£117,047	9% above HPI

3 DREWETTS 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 DREWETTS CLOSE sales between September 1997 and February 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 February 2015 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the February 2022 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 3 DREWETTS CLOSE?

3 DREWETTS CLOSE is 93m², which includes one extension, according to the EPC inspection conducted in March 2012. This puts it in the smallest 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 3 DREWETTS CLOSE lies on this distribution: 36% of detached houses are smaller than 3 DREWETTS CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Rustington.

3 DREWETTS CLOSE: Plot and Title Map

3 DREWETTS CLOSE sits on a plot of roughly 0.063 of an acre, or 253m². The below map shows the location of 3 DREWETTS 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 DREWETTS 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 DREWETTS CLOSE?

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