5, MONTGOMERI DRIVE, RUSTINGTON, LITTLEHAMPTON, BN16 3TY - £427,500

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.

5 MONTGOMERI DRIVE is a large extended detached house of 121m², built sometime between 1950 and 1966, which could now be worth an estimated £568,617. It was last sold for £427,500 in August 2016, which was around 1% below the average August 2016 detached price in the Arun local authority area. The most recent EPC inspection was February 2016, where the current energy rating was E, and the potential energy rating was B.

5 MONTGOMERI DRIVE Sold Prices

Land registry data shows two sales for 5 MONTGOMERI DRIVE 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. One of the two 5 MONTGOMERI DRIVE sales was for below the average price, whilst the other 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
2016 23 AUG	£427,500	£432,078	1% below HPI
1999 8 OCT	£179,995	£151,386	19% above HPI

5 MONTGOMERI DRIVE 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 5 MONTGOMERI DRIVE sales from October 1999 and August 2016 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 October 1999 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the August 2016 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 5 MONTGOMERI DRIVE be worth now?

5 MONTGOMERI DRIVE might now be worth an estimated £568,617.

This is based on house price inflation of 33%, between August 2016 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 33% inflationary increase is applied to the most recent sale price for 5 MONTGOMERI DRIVE of £427,500 on 23rd August 2016. For the value to have increased from £427,500 to £568,617 over the nine years and six months to February 2025, the following assumptions must hold true:

• The value of 5 MONTGOMERI DRIVE has moved in line with the HPI for detached houses in the Arun local authority area.
• The August 2016 sale price of £427,500 represented a fair market value for the property.
• The size, condition, and specification of 5 MONTGOMERI DRIVE has not materially changed since August 2016.

How Large is 5 MONTGOMERI DRIVE?

5 MONTGOMERI DRIVE is 121m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the largest 40% 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 5 MONTGOMERI DRIVE lies on this distribution: 64% of detached houses houses are smaller than 5 MONTGOMERI DRIVE, and 35% of houses are larger. Note that EPC data is not available for all properties in Rustington.

5 MONTGOMERI DRIVE: Plot and Title Map

5 MONTGOMERI DRIVE sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 5 MONTGOMERI DRIVE, 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 5 MONTGOMERI DRIVE). 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 5 MONTGOMERI DRIVE?

5 MONTGOMERI DRIVE is located in RUSTINGTON, in the BN16 postcode district. The below map shows the position of No. 5 on MONTGOMERI DRIVE.