Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
59 BROADMARK LANE is a large extended detached house of 120m², built sometime between 1930 and 1949. It was last sold for £275,000 in July 2011, which was around 13% below the average July 2011 detached price in the Arun local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows two sales for 59 BROADMARK LANE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Arun local authority area for the corresponding sale date. One of the two 59 BROADMARK LANE sales was for below the average price, whilst the other 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 |
---|---|---|---|
2011 14 JUL | £275,000 | £314,895 | 13% below HPI |
1997 26 AUG | £130,000 | £112,825 | 15% above HPI |
The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The two 59 BROADMARK LANE sales from August 1997 and July 2011 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 August 1997 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the July 2011 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.
59 BROADMARK LANE is 120m², which includes one extension, according to the EPC inspection conducted in March 2012. This puts it in the largest 40% of detached houses in Rustington, based on EPC data. The below chart shows the distribution of detached houses by size in Rustington, and where 59 BROADMARK LANE lies on this distribution: 63% of detached houses are smaller than 59 BROADMARK LANE, and 37% of houses are larger. Note that EPC data is not available for all properties in Rustington.
59 BROADMARK LANE sits on a plot of roughly 0.110 of an acre, or 447m². The below map shows the location of 59 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 59 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.
59 BROADMARK LANE is located in RUSTINGTON, in the BN16 postcode district. The below map shows the position of No. 59 on BROADMARK LANE.