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

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

5 MUNMERE WAY is a small detached house of 88m², built sometime between 1983 and 1990. It was last sold for £300,000 in February 2021, which was around 38% 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	£481,388	38% below HPI
2013 14 JUN	£175,000	£330,763	47% below HPI
2011 5 DEC	£180,000	£312,686	42% below HPI
2000 14 JAN	£98,500	£152,246	35% below HPI
1998 29 MAY	£79,000	£123,936	36% below HPI
1996 31 JAN	£60,000	£94,762	37% 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 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the February 2021 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

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 in Rustington, based on EPC data. The below chart shows the distribution of detached houses by size in Rustington, and where 5 MUNMERE WAY lies on this distribution: 27% of detached 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.