11, BROADMARK LANE, RUSTINGTON, LITTLEHAMPTON, BN16 2NW - £400,000

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.

11 BROADMARK LANE is a very small detached house of 73m², built sometime between 1950 and 1966, which could now be worth an estimated £457,788. It was last sold for £400,000 in December 2020, which was around 20% below the average December 2020 detached price in the Arun local authority area. The most recent EPC inspection was February 2014, where the current energy rating was E, and the potential energy rating was B.

11 BROADMARK LANE Sold Prices

Land registry data shows two sales for 11 BROADMARK LANE 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 11 BROADMARK LANE 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
2020 10 DEC	£400,000	£502,159	20% below HPI
2011 17 AUG	£266,000	£328,824	19% below HPI

11 BROADMARK LANE 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 11 BROADMARK LANE sales from August 2011 and December 2020 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 August 2011 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the December 2020 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 11 BROADMARK LANE be worth now?

11 BROADMARK LANE might now be worth an estimated £457,788.

This is based on house price inflation of 14.4%, between December 2020 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 14.4% inflationary increase is applied to the most recent sale price for 11 BROADMARK LANE of £400,000 on 10th December 2020. For the value to have increased from £400,000 to £457,788 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 11 BROADMARK LANE has moved in line with the HPI for detached houses in the Arun local authority area.
• The December 2020 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 11 BROADMARK LANE has not materially changed since December 2020.

How Large is 11 BROADMARK LANE?

11 BROADMARK LANE is 73m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 10% 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 11 BROADMARK LANE lies on this distribution: 6% of detached houses houses are smaller than 11 BROADMARK LANE, and 94% of houses are larger. Note that EPC data is not available for all properties in Rustington.

11 BROADMARK LANE: Plot and Title Map

11 BROADMARK LANE sits on a plot of roughly 0.088 of an acre, or 355m². The below map shows the location of 11 BROADMARK 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 11 BROADMARK 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.

Where is 11 BROADMARK LANE?

11 BROADMARK LANE is located in RUSTINGTON, in the BN16 postcode district. The below map shows the position of No. 11 on BROADMARK LANE.