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

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

4 COWDRAY CLOSE is a small detached house of 87m², built sometime between 1991 and 1995. It was last sold for £370,000 in December 2018, which was around 20% 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	£459,645	20% below HPI
2004 26 NOV	£246,000	£288,556	15% below HPI
1996 19 APR	£115,000	£94,639	22% 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 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the December 2018 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

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 in Rustington, based on EPC data. The below chart shows the distribution of detached houses by size in Rustington, and where 4 COWDRAY CLOSE lies on this distribution: 23% of detached 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.