5B, SURREY STREET, ARUNDEL, BN18 9DT - £375,000

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.

5B SURREY STREET is a very small semi-detached house of 84m², built sometime between 1996 and 2002, which could now be worth an estimated £458,195. It was last sold for £375,000 in June 2018, which was around 27% above the average June 2018 semi-detached price in the Arun local authority area. The most recent EPC inspection was June 2010, where the current energy rating was C, and the potential energy rating was C.

5B SURREY STREET Sold Prices

Land registry data shows four sales for 5B SURREY STREET since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Arun local authority area for the corresponding sale date. All of the four 5B SURREY STREET sales were 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
2018 1 JUN	£375,000	£296,259	27% above HPI
2013 4 APR	£250,000	£211,981	18% above HPI
2004 14 MAY	£241,000	£181,159	33% above HPI
2001 4 JUL	£178,000	£116,984	52% above HPI

5B SURREY STREET Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Arun local authority area over time, sourced from the HPI. The four 5B SURREY STREET sales between July 2001 and June 2018 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 April 2013 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the June 2018 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might 5B SURREY STREET be worth now?

5B SURREY STREET might now be worth an estimated £458,195.

This is based on house price inflation of 22.2%, between June 2018 and February 2025, for semi-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 22.2% inflationary increase is applied to the most recent sale price for 5B SURREY STREET of £375,000 on 1st June 2018. For the value to have increased from £375,000 to £458,195 over the seven years and four months to February 2025, the following assumptions must hold true:

• The value of 5B SURREY STREET has moved in line with the HPI for semi-detached houses in the Arun local authority area.
• The June 2018 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 5B SURREY STREET has not materially changed since June 2018.

How Large is 5B SURREY STREET?

5B SURREY STREET is 84m² according to the EPC inspection conducted in June 2010. This puts it in the smallest 10% of semi-detached houses houses in Arundel, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Arundel, and where 5B SURREY STREET lies on this distribution: 7% of semi-detached houses houses are smaller than 5B SURREY STREET, and 93% of houses are larger. Note that EPC data is not available for all properties in Arundel.

5B SURREY STREET: Plot and Title Map

5B SURREY STREET sits on a plot of roughly 0.018 of an acre, or 74m². The below map shows the location of 5B SURREY STREET, 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 5B SURREY STREET). 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 5B SURREY STREET?

5B SURREY STREET is located in ARUNDEL, in the BN18 postcode district. The below map shows the position of No. 5B on SURREY STREET.