5, MUNMERE WAY, RUSTINGTON, LITTLEHAMPTON, BN16 3SA - £300,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 MUNMERE WAY is a small detached house of 88m², built sometime between 1983 and 1990, which could now be worth an estimated £343,663. It was last sold for £300,000 in February 2021, which was around 40% below the average February 2021 detached price in the Arun local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was C.

5 MUNMERE WAY Sold Prices

Land registry data shows six sales for 5 MUNMERE WAY since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Arun local authority area for the corresponding sale date. All of the six 5 MUNMERE WAY 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
2021 15 FEB	£300,000	£499,406	40% below HPI
2013 14 JUN	£175,000	£343,143	49% below HPI
2011 5 DEC	£180,000	£324,389	45% below HPI
2000 14 JAN	£98,500	£157,945	38% below HPI
1998 29 MAY	£79,000	£128,574	39% below HPI
1996 31 JAN	£60,000	£98,309	39% below HPI

5 MUNMERE WAY 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 six 5 MUNMERE WAY sales between January 1996 and February 2021 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 June 2013 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the February 2021 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 5 MUNMERE WAY be worth now?

5 MUNMERE WAY might now be worth an estimated £343,663.

This is based on house price inflation of 14.6%, between February 2021 and December 2024, 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 14.6% inflationary increase is applied to the most recent sale price for 5 MUNMERE WAY of £300,000 on 15th February 2021. For the value to have increased from £300,000 to £343,663 over the two years and two months to December 2024, the following assumptions must hold true:

• The value of 5 MUNMERE WAY has moved in line with the HPI for detached houses in the Arun local authority area.
• The February 2021 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MUNMERE WAY has not materially changed since February 2021.

How Large is 5 MUNMERE WAY?

5 MUNMERE WAY is 88m² according to the EPC inspection conducted in August 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 5 MUNMERE WAY lies on this distribution: 27% of detached houses houses are smaller than 5 MUNMERE WAY, and 73% of houses are larger. Note that EPC data is not available for all properties in Rustington.

5 MUNMERE WAY: Plot and Title Map

5 MUNMERE WAY sits on a plot of roughly 0.046 of an acre, or 186m². The below map shows the location of 5 MUNMERE WAY, 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 MUNMERE WAY). 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 MUNMERE WAY?

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