RELLIMA, MALTHOUSE PASSAGE, WICK, LITTLEHAMPTON, BN17 6JA - £283,000

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

RELLIMA is a very small extended detached house of 57m², built sometime between 1950 and 1966. It was last sold for £283,000 in June 2023, which was around 48% below the average June 2023 detached price in the Arun local authority area. The most recent EPC inspection was January 2022, where the current energy rating was E, and the potential energy rating was B.

RELLIMA Sold Prices

Land registry data shows two sales for RELLIMA 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 RELLIMA 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
2023 2 JUN	£283,000	£544,843	48% below HPI
1997 21 NOV	£57,000	£118,713	52% below HPI

RELLIMA 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 RELLIMA sales from November 1997 and June 2023 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 November 1997 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the June 2023 sale, where it rises to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is RELLIMA?

RELLIMA is 57m², which includes one extension, according to the EPC inspection conducted in January 2022. This puts it in the smallest 10% of detached houses in Wick, based on EPC data. The below chart shows the distribution of detached houses by size in Wick, and where RELLIMA lies on this distribution: 2% of detached houses are smaller than RELLIMA, and 98% of houses are larger. Note that EPC data is not available for all properties in Wick.

RELLIMA: Plot and Title Map

RELLIMA sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of RELLIMA, 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 RELLIMA). 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 RELLIMA?

RELLIMA is located on MALTHOUSE PASSAGE in WICK, in the BN17 postcode district. The below map shows the position of RELLIMA on MALTHOUSE PASSAGE.