8, BROADMARK LANE, RUSTINGTON, LITTLEHAMPTON, BN16 2HD - £525,000

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

8 BROADMARK LANE is a large extended detached house of 142m², built sometime between 1930 and 1949. It was last sold for £525,000 in May 2015, which was around 36% above the average May 2015 detached price in the Arun local authority area. The most recent EPC inspection was July 2009, where the current energy rating was D, and the potential energy rating was D.

8 BROADMARK LANE Sold Prices

Land registry data shows two sales for 8 BROADMARK LANE since 1^st 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. Both of the two 8 BROADMARK LANE 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
2015 21 MAY	£525,000	£386,324	36% above HPI
2001 29 JUN	£245,000	£183,149	34% above HPI

8 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 two 8 BROADMARK LANE sales from June 2001 and May 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 June 2001 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the May 2015 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.

How Large is 8 BROADMARK LANE?

8 BROADMARK LANE is 142m², which includes one extension, according to the EPC inspection conducted in July 2009. This puts it in the largest 30% of detached houses in Rustington, based on EPC data. The below chart shows the distribution of detached houses by size in Rustington, and where 8 BROADMARK LANE lies on this distribution: 78% of detached houses are smaller than 8 BROADMARK LANE, and 22% of houses are larger. Note that EPC data is not available for all properties in Rustington.

8 BROADMARK LANE: Plot and Title Map

8 BROADMARK LANE sits on a plot of roughly 0.247 of an acre, or 1,001m². The below map shows the location of 8 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 8 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 8 BROADMARK LANE?

8 BROADMARK LANE is located in RUSTINGTON, in the BN16 postcode district. The below map shows the position of No. 8 on BROADMARK LANE.