49, MILL LANE, RUSTINGTON, LITTLEHAMPTON, BN16 3JP - £313,000

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

49 MILL LANE is a small extended detached house of 94m², built sometime between 1950 and 1966. It was last sold for £313,000 in June 2018, which was around 31% below the average June 2018 detached price in the Arun local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was C.

49 MILL LANE Sold Prices

Land registry data shows two sales for 49 MILL LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Arun local authority area for the corresponding sale date. Both of the two 49 MILL LANE 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
2018 28 JUN	£313,000	£453,272	31% below HPI
2007 15 MAY	£215,000	£322,926	33% below HPI

49 MILL LANE 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 two 49 MILL LANE sales from May 2007 and June 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 May 2007 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the June 2018 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 49 MILL LANE?

49 MILL LANE is 94m², which includes one extension, according to the EPC inspection conducted in March 2018. This puts it in the smallest 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 49 MILL LANE lies on this distribution: 37% of detached houses are smaller than 49 MILL LANE, and 63% of houses are larger. Note that EPC data is not available for all properties in Rustington.

49 MILL LANE: Plot and Title Map

49 MILL LANE sits on a plot of roughly 0.119 of an acre, or 481m². The below map shows the location of 49 MILL 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 49 MILL 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.

Where is 49 MILL LANE?

49 MILL LANE is located in RUSTINGTON, in the BN16 postcode district. The below map shows the position of No. 49 on MILL LANE.