4, COWDRAY CLOSE, RUSTINGTON, LITTLEHAMPTON, BN16 3SU - £370,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 COWDRAY CLOSE is a small detached house of 87m², built sometime between 1991 and 1995, which could now be worth an estimated £445,930. It was last sold for £370,000 in December 2018, which was around 22% below the average December 2018 detached price in the Arun local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was B.

4 COWDRAY CLOSE Sold Prices

Land registry data shows three sales for 4 COWDRAY CLOSE since 1^st 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 4 COWDRAY 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
2018 19 DEC	£370,000	£476,849	22% below HPI
2004 26 NOV	£246,000	£299,356	18% below HPI
1996 19 APR	£115,000	£98,181	17% above HPI

4 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 three 4 COWDRAY CLOSE sales between April 1996 and December 2018 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 November 2004 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the December 2018 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 4 COWDRAY CLOSE be worth now?

4 COWDRAY CLOSE might now be worth an estimated £445,930.

This is based on house price inflation of 20.5%, between December 2018 and February 2025, for detached houses, in the Arun local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.5% inflationary increase is applied to the most recent sale price for 4 COWDRAY CLOSE of £370,000 on 19th December 2018. For the value to have increased from £370,000 to £445,930 over the seven years and ten months to February 2025, the following assumptions must hold true:

• The value of 4 COWDRAY CLOSE has moved in line with the HPI for detached houses in the Arun local authority area.
• The December 2018 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 4 COWDRAY CLOSE has not materially changed since December 2018.

How Large is 4 COWDRAY CLOSE?

4 COWDRAY CLOSE is 87m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 30% of detached houses houses in Rustington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rustington, and where 4 COWDRAY CLOSE lies on this distribution: 22% of detached houses houses are smaller than 4 COWDRAY CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Rustington.

4 COWDRAY CLOSE: Plot and Title Map

4 COWDRAY CLOSE sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 4 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 4 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 4 COWDRAY CLOSE?

4 COWDRAY CLOSE is located in RUSTINGTON, in the BN16 postcode district. The below map shows the position of No. 4 on COWDRAY CLOSE.