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
31 BROADMARK LANE is a large detached house of 121m², built sometime between 1900 and 1929. It was last sold for £570,000 in March 2021, which was around 18% above the average March 2021 detached price in the Arun local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 31 BROADMARK LANE 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. All of the three 31 BROADMARK LANE sales were 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 |
---|---|---|---|
2021 19 MAR | £570,000 | £481,909 | 18% above HPI |
2006 20 MAR | £325,000 | £287,798 | 13% above HPI |
2002 20 JUN | £250,000 | £214,227 | 17% above HPI |
The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The three 31 BROADMARK LANE sales between June 2002 and March 2021 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 March 2006 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the March 2021 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.
31 BROADMARK LANE is 121m² according to the EPC inspection conducted in August 2020. This puts it in the largest 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 31 BROADMARK LANE lies on this distribution: 64% of detached houses are smaller than 31 BROADMARK LANE, and 35% of houses are larger. Note that EPC data is not available for all properties in Rustington.
31 BROADMARK LANE sits on a plot of roughly 0.264 of an acre, or 1,069m². The below map shows the location of 31 BROADMARK 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 31 BROADMARK 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.
31 BROADMARK LANE is located in RUSTINGTON, in the BN16 postcode district. The below map shows the position of No. 31 on BROADMARK LANE.