55, BROADMARK LANE, RUSTINGTON, LITTLEHAMPTON, BN16 2HJ - £380,000

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.

55 BROADMARK LANE is a small detached house of 88m², built sometime between 1930 and 1949, which could now be worth an estimated £561,170. It was last sold for £380,000 in March 2015, which was around 2% below the average March 2015 detached price in the Arun local authority area. The most recent EPC inspection was January 2012, where the current energy rating was D, and the potential energy rating was D.

55 BROADMARK LANE Sold Prices

Land registry data shows three sales for 55 BROADMARK 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. The three 55 BROADMARK LANE sales were a mix of below the average price, roughly equal to the average price, and 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
2015 27 MAR	£380,000	£389,166	2% below HPI
1998 28 JAN	£121,500	£122,070	Close to HPI
1995 30 NOV	£100,000	£97,312	3% above HPI

55 BROADMARK 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 55 BROADMARK LANE sales between November 1995 and March 2015 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 January 1998 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the March 2015 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 55 BROADMARK LANE be worth now?

55 BROADMARK LANE might now be worth an estimated £561,170.

This is based on house price inflation of 47.7%, between March 2015 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 47.7% inflationary increase is applied to the most recent sale price for 55 BROADMARK LANE of £380,000 on 27th March 2015. For the value to have increased from £380,000 to £561,170 over the ten years and one month to February 2025, the following assumptions must hold true:

• The value of 55 BROADMARK LANE has moved in line with the HPI for detached houses in the Arun local authority area.
• The March 2015 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of 55 BROADMARK LANE has not materially changed since March 2015.

How Large is 55 BROADMARK LANE?

55 BROADMARK LANE is 88m² according to the EPC inspection conducted in January 2012. 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 55 BROADMARK LANE lies on this distribution: 24% of detached houses houses are smaller than 55 BROADMARK LANE, and 76% of houses are larger. Note that EPC data is not available for all properties in Rustington.

55 BROADMARK LANE: Plot and Title Map

55 BROADMARK LANE sits on a plot of roughly 0.112 of an acre, or 455m². The below map shows the location of 55 BROADMARK 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 55 BROADMARK 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 55 BROADMARK LANE?

55 BROADMARK LANE is located in RUSTINGTON, in the BN16 postcode district. The below map shows the position of No. 55 on BROADMARK LANE.