3, THE CROSSWAYS, WICK, LITTLEHAMPTON, BN17 7NJ - £330,000

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 THE CROSSWAYS is a very small extended detached house of 68m², built sometime between 1950 and 1966. It was last sold for £330,000 in February 2023, which was around 41% below the average February 2023 detached price in the Arun local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

3 THE CROSSWAYS Sold Prices

Land registry data shows four sales for 3 THE CROSSWAYS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Arun local authority area for the corresponding sale date. All of the four 3 THE CROSSWAYS 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 1 FEB	£330,000	£563,994	41% below HPI
2006 13 OCT	£182,500	£309,235	41% below HPI
2002 22 MAR	£107,000	£200,482	47% below HPI
2000 3 AUG	£88,500	£173,108	49% below HPI

3 THE CROSSWAYS 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 four 3 THE CROSSWAYS sales between August 2000 and February 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 October 2006 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the February 2023 sale, which was also at 41% below the HPI.

How Large is 3 THE CROSSWAYS?

3 THE CROSSWAYS is 68m², which includes two extensions, according to the EPC inspection conducted in June 2022. This puts it in the smallest 10% of detached houses in Wick, based on EPC data. The below chart shows the distribution of detached houses by size in Wick, and where 3 THE CROSSWAYS lies on this distribution: 8% of detached houses are smaller than 3 THE CROSSWAYS, and 92% of houses are larger. Note that EPC data is not available for all properties in Wick.

3 THE CROSSWAYS: Plot and Title Map

3 THE CROSSWAYS sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of 3 THE CROSSWAYS, 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 THE CROSSWAYS). 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 THE CROSSWAYS?

3 THE CROSSWAYS is located in WICK, in the BN17 postcode district. The below map shows the position of No. 3 on THE CROSSWAYS.