53, NORTH LANE, RUSTINGTON, LITTLEHAMPTON, BN16 3PP - £550,000

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

53 NORTH LANE is a midsized extended detached house of 102m², built sometime between 1950 and 1966. It was last sold for £550,000 in January 2023, which was around 3% below the average January 2023 detached price in the Arun local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was B.

53 NORTH LANE Sold Prices

Land registry data shows three sales for 53 NORTH LANE 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. All of the three 53 NORTH 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
2023 27 JAN	£550,000	£568,771	3% below HPI
2017 20 JUN	£399,160	£428,987	7% below HPI
2015 30 APR	£330,000	£382,226	14% below HPI

53 NORTH 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 three 53 NORTH LANE sales between April 2015 and January 2023 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 2017 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the January 2023 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 53 NORTH LANE?

53 NORTH LANE is 102m², which includes two extensions, according to the EPC inspection conducted in April 2022. This puts it in the smallest 50% of detached houses in Rustington, based on EPC data. The below chart shows the distribution of detached houses by size in Rustington, and where 53 NORTH LANE lies on this distribution: 46% of detached houses are smaller than 53 NORTH LANE, and 53% of houses are larger. Note that EPC data is not available for all properties in Rustington.

53 NORTH LANE: Plot and Title Map

53 NORTH LANE sits on a plot of roughly 0.257 of an acre, or 1,041m². The below map shows the location of 53 NORTH 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 53 NORTH 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 53 NORTH LANE?

53 NORTH LANE is located in RUSTINGTON, in the BN16 postcode district. The below map shows the position of No. 53 on NORTH LANE.