GROVE COTTAGE, STONEFIELDS, RUSTINGTON, LITTLEHAMPTON, BN16 3BY - £395,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

GROVE COTTAGE is a small extended detached house of 86m², built sometime between 1930 and 1949. It was last sold for £395,000 in January 2021, which was around 19% below the average January 2021 detached price in the Arun local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was C.

GROVE COTTAGE Sold Prices

Land registry data shows three sales for GROVE COTTAGE since 1^st 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 GROVE COTTAGE sales were 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
2021 15 JAN	£395,000	£484,881	19% below HPI
2017 31 OCT	£402,500	£446,892	10% below HPI
1999 30 APR	£82,000	£129,587	37% below HPI

GROVE COTTAGE 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 three GROVE COTTAGE sales between April 1999 and January 2021 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 October 2017 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the January 2021 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is GROVE COTTAGE?

GROVE COTTAGE is 86m², which includes one extension, according to the EPC inspection conducted in June 2017. This puts it in the smallest 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 GROVE COTTAGE lies on this distribution: 21% of detached houses are smaller than GROVE COTTAGE, and 78% of houses are larger. Note that EPC data is not available for all properties in Rustington.

GROVE COTTAGE: Plot and Title Map

GROVE COTTAGE sits on a plot of roughly 0.126 of an acre, or 509m². The below map shows the location of GROVE COTTAGE, 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 GROVE COTTAGE). 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 GROVE COTTAGE?

GROVE COTTAGE is located on STONEFIELDS in RUSTINGTON, in the BN16 postcode district. The below map shows the position of GROVE COTTAGE on STONEFIELDS.