5, SUMMERLEY CLOSE, RUSTINGTON, LITTLEHAMPTON, BN16 3TU - £340,000

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 SUMMERLEY CLOSE is a midsized extended detached house of 115m², built sometime between 1996 and 2002, which could now be worth an estimated £551,137. It was last sold for £340,000 in February 2008, which was around 4% below the average February 2008 detached price in the Arun local authority area. The most recent EPC inspection was November 2018, where the current energy rating was C, and the potential energy rating was B.

5 SUMMERLEY CLOSE Sold Prices

Land registry data shows three sales for 5 SUMMERLEY CLOSE 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 5 SUMMERLEY CLOSE sales were for below the average price, whilst one 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
2008 15 FEB	£340,000	£354,540	4% below HPI
2003 30 MAY	£246,000	£263,104	7% below HPI
2001 8 JAN	£205,995	£182,718	13% above HPI

5 SUMMERLEY CLOSE 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 5 SUMMERLEY CLOSE sales between January 2001 and February 2008 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 2003 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the February 2008 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 5 SUMMERLEY CLOSE be worth now?

5 SUMMERLEY CLOSE might now be worth an estimated £551,137.

This is based on house price inflation of 62.1%, between February 2008 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 62.1% inflationary increase is applied to the most recent sale price for 5 SUMMERLEY CLOSE of £340,000 on 15th February 2008. For the value to have increased from £340,000 to £551,137 over the seventeen years to February 2025, the following assumptions must hold true:

• The value of 5 SUMMERLEY CLOSE has moved in line with the HPI for detached houses in the Arun local authority area.
• The February 2008 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 5 SUMMERLEY CLOSE has not materially changed since February 2008.

How Large is 5 SUMMERLEY CLOSE?

5 SUMMERLEY CLOSE is 115m², which includes two extensions, according to the EPC inspection conducted in November 2018. This puts it in the largest 50% 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 SUMMERLEY CLOSE lies on this distribution: 58% of detached houses houses are smaller than 5 SUMMERLEY CLOSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Rustington.

5 SUMMERLEY CLOSE: Plot and Title Map

5 SUMMERLEY CLOSE sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 5 SUMMERLEY CLOSE, 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 SUMMERLEY CLOSE). 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 SUMMERLEY CLOSE?

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