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 COVE ROAD is a large extended detached house of 122m², built sometime between 1950 and 1966. It was last sold for £380,750 in November 2011, which was around 21% above the average November 2011 detached price in the Arun local authority area. The most recent EPC inspection was April 2011, where the current energy rating was E, and the potential energy rating was D.
Land registry data shows two sales for 8 COVE ROAD 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 8 COVE ROAD sales was for above the average price, whilst the other was 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 |
---|---|---|---|
2011 28 NOV | £380,750 | £315,195 | 21% above HPI |
2001 29 JUN | £178,000 | £183,149 | 3% below HPI |
The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The two 8 COVE ROAD sales from June 2001 and November 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 June 2001 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the November 2011 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.
8 COVE ROAD is 122m², which includes two extensions, according to the EPC inspection conducted in April 2011. 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 8 COVE ROAD lies on this distribution: 65% of detached houses are smaller than 8 COVE ROAD, and 35% of houses are larger. Note that EPC data is not available for all properties in Rustington.
8 COVE ROAD sits on a plot of roughly 0.169 of an acre, or 684m². The below map shows the location of 8 COVE ROAD, 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 COVE ROAD). 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.
8 COVE ROAD is located in RUSTINGTON, in the BN16 postcode district. The below map shows the position of No. 8 on COVE ROAD.