WESTERGATE, STATION ROAD, RUSTINGTON, LITTLEHAMPTON, BN16 3BA - £440,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

WESTERGATE is a very small detached house of 83m², built sometime between 1950 and 1966, which could now be worth an estimated £541,758. It was last sold for £440,000 in February 2018, which was around 6% below the average February 2018 detached price in the Arun local authority area. The most recent EPC inspection was February 2017, where the current energy rating was E, and the potential energy rating was B.

WESTERGATE Sold Prices

Land registry data shows three sales for WESTERGATE 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 WESTERGATE 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
2018 1 FEB	£440,000	£466,759	6% below HPI
2007 29 JUN	£310,000	£342,218	9% below HPI
2002 1 MAY	£142,000	£215,888	34% below HPI

WESTERGATE 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 WESTERGATE sales between May 2002 and February 2018 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 2007 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the February 2018 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might WESTERGATE be worth now?

WESTERGATE might now be worth an estimated £541,758.

This is based on house price inflation of 23.1%, between February 2018 and February 2025, for detached houses, in the Arun local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23.1% inflationary increase is applied to the most recent sale price for WESTERGATE of £440,000 on 1st February 2018. For the value to have increased from £440,000 to £541,758 over the seven years to February 2025, the following assumptions must hold true:

• The value of WESTERGATE has moved in line with the HPI for detached houses in the Arun local authority area.
• The February 2018 sale price of £440,000 represented a fair market value for the property.
• The size, condition, and specification of WESTERGATE has not materially changed since February 2018.

How Large is WESTERGATE?

WESTERGATE is 83m² according to the EPC inspection conducted in February 2017. This puts it in the smallest 20% of detached houses houses in Rustington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rustington, and where WESTERGATE lies on this distribution: 17% of detached houses houses are smaller than WESTERGATE, and 82% of houses are larger. Note that EPC data is not available for all properties in Rustington.

WESTERGATE: Plot and Title Map

WESTERGATE sits on a plot of roughly 0.134 of an acre, or 544m². The below map shows the location of WESTERGATE, 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 WESTERGATE). 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 WESTERGATE?

WESTERGATE is located on STATION ROAD in RUSTINGTON, in the BN16 postcode district. The below map shows the position of WESTERGATE on STATION ROAD.