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
3 ILEX CLOSE is a very large extended detached house of 176m², built sometime between 1967 and 1975. It was last sold for £446,000 in April 2019, which was around 1% below the average April 2019 detached price in the Arun local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 3 ILEX CLOSE since 1st 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. Two of the three 3 ILEX CLOSE sales were for below the average price, whilst one was 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 |
---|---|---|---|
2019 18 APR | £446,000 | £452,722 | 1% below HPI |
2003 20 JAN | £298,000 | £252,416 | 18% above HPI |
2000 7 APR | £140,000 | £165,627 | 15% below HPI |
The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The three 3 ILEX CLOSE sales between April 2000 and April 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 January 2003 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the April 2019 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.
3 ILEX CLOSE is 176m², which includes one extension, according to the EPC inspection conducted in June 2018. This puts it in the largest 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 3 ILEX CLOSE lies on this distribution: 91% of detached houses are smaller than 3 ILEX CLOSE, and 9% of houses are larger. Note that EPC data is not available for all properties in Rustington.
3 ILEX CLOSE sits on a plot of roughly 0.178 of an acre, or 719m². The below map shows the location of 3 ILEX 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 ILEX 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.
3 ILEX CLOSE is located in RUSTINGTON, in the BN16 postcode district. The below map shows the position of No. 3 on ILEX CLOSE.