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 PIGEONHOUSE LANE is a midsized detached house of 102m², built sometime between 1950 and 1966. It was last sold for £490,000 in July 2014, which was around 37% above the average July 2014 detached price in the Arun local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 8 PIGEONHOUSE LANE since 1st 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. All of the three 8 PIGEONHOUSE 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 |
---|---|---|---|
2014 23 JUL | £490,000 | £356,606 | 37% above HPI |
2000 29 MAR | £249,500 | £160,140 | 56% above HPI |
1999 5 MAR | £195,000 | £130,608 | 49% above HPI |
The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The three 8 PIGEONHOUSE LANE sales between March 1999 and July 2014 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 March 2000 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the July 2014 sale, where it falls to 37% above the HPI. The line then continues to track at 37% above the HPI.
8 PIGEONHOUSE LANE is 102m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 50% 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 PIGEONHOUSE LANE lies on this distribution: 46% of detached houses are smaller than 8 PIGEONHOUSE LANE, and 53% of houses are larger. Note that EPC data is not available for all properties in Rustington.
8 PIGEONHOUSE LANE sits on a plot of roughly 0.199 of an acre, or 804m². The below map shows the location of 8 PIGEONHOUSE 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 PIGEONHOUSE 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.
8 PIGEONHOUSE LANE is located in RUSTINGTON, in the BN16 postcode district. The below map shows the position of No. 8 on PIGEONHOUSE LANE.