43, THE PARKWAY, RUSTINGTON, LITTLEHAMPTON, BN16 2BT - £499,950

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.

43 THE PARKWAY is a small detached house of 89m², built sometime between 1950 and 1966, which could now be worth an estimated £829,647. It was last sold for £499,950 in November 2012, which was around 44% above the average November 2012 detached price in the Arun local authority area. The most recent EPC inspection was May 2011, where the current energy rating was C, and the potential energy rating was C.

43 THE PARKWAY Sold Prices

Land registry data shows three sales for 43 THE PARKWAY 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 43 THE PARKWAY sales were for above the average price, whilst one was 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
2012 23 NOV	£499,950	£346,321	44% above HPI
2006 1 DEC	£345,000	£324,877	6% above HPI
2003 31 JUL	£265,000	£275,764	4% below HPI

43 THE PARKWAY 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 43 THE PARKWAY sales between July 2003 and November 2012 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 December 2006 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the November 2012 sale, where it rises to 44% above the HPI. The line then continues to track at 44% above the HPI.

What might 43 THE PARKWAY be worth now?

43 THE PARKWAY might now be worth an estimated £829,647.

This is based on house price inflation of 65.9%, between November 2012 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 65.9% inflationary increase is applied to the most recent sale price for 43 THE PARKWAY of £499,950 on 23rd November 2012. For the value to have increased from £499,950 to £829,647 over the thirteen years and nine months to February 2025, the following assumptions must hold true:

• The value of 43 THE PARKWAY has moved in line with the HPI for detached houses in the Arun local authority area.
• The November 2012 sale price of £499,950 represented a fair market value for the property.
• The size, condition, and specification of 43 THE PARKWAY has not materially changed since November 2012.

How Large is 43 THE PARKWAY?

43 THE PARKWAY is 89m² according to the EPC inspection conducted in May 2011. 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 43 THE PARKWAY lies on this distribution: 29% of detached houses houses are smaller than 43 THE PARKWAY, and 71% of houses are larger. Note that EPC data is not available for all properties in Rustington.

43 THE PARKWAY: Plot and Title Map

43 THE PARKWAY sits on a plot of roughly 0.182 of an acre, or 737m². The below map shows the location of 43 THE PARKWAY, 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 43 THE PARKWAY). 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 43 THE PARKWAY?

43 THE PARKWAY is located in RUSTINGTON, in the BN16 postcode district. The below map shows the position of No. 43 on THE PARKWAY.