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
OLD COTTAGE is a very large extended detached house of 198m², built sometime between 1930 and 1949. It was last sold for £170,000 in June 2004, which was around 39% below the average June 2004 detached price in the Arun local authority area. The most recent EPC inspection was April 2024, where the current energy rating was E, and the potential energy rating was E.
Land registry data shows two sales for OLD COTTAGE 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. Both of the two OLD 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 |
---|---|---|---|
2004 11 JUN | £170,000 | £277,603 | 39% below HPI |
1997 31 JUL | £50,000 | £108,784 | 54% 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 OLD COTTAGE sales from July 1997 and June 2004 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 July 1997 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the June 2004 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.
OLD COTTAGE is 198m², which includes one extension, according to the EPC inspection conducted in April 2024. This puts it in the largest 10% of detached houses in Rustington, based on EPC data. The below chart shows the distribution of detached houses by size in Rustington, and where OLD COTTAGE lies on this distribution: 94% of detached houses are smaller than OLD COTTAGE, and 6% of houses are larger. Note that EPC data is not available for all properties in Rustington.
OLD COTTAGE sits on a plot of roughly 0.158 of an acre, or 641m². The below map shows the location of OLD 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 OLD 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.
OLD COTTAGE is located on STATION ROAD in RUSTINGTON, in the BN16 postcode district. The below map shows the position of OLD COTTAGE on STATION ROAD.