12, BALMORAL CLOSE, RUSTINGTON, LITTLEHAMPTON, BN16 3UT - £385,000

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.

12 BALMORAL CLOSE is a small detached house of 92m², built sometime between 1996 and 2002, which could now be worth an estimated £477,250. It was last sold for £385,000 in October 2017, which was around 17% below the average October 2017 detached price in the Arun local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.

12 BALMORAL CLOSE Sold Prices

Land registry data shows three sales for 12 BALMORAL CLOSE 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 12 BALMORAL CLOSE 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
2017 23 OCT	£385,000	£463,618	17% below HPI
2007 3 OCT	£273,000	£356,676	23% below HPI
2002 23 AUG	£212,500	£235,716	10% below HPI

12 BALMORAL CLOSE 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 12 BALMORAL CLOSE sales between August 2002 and October 2017 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 2007 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the October 2017 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 12 BALMORAL CLOSE be worth now?

12 BALMORAL CLOSE might now be worth an estimated £477,250.

This is based on house price inflation of 24%, between October 2017 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 24% inflationary increase is applied to the most recent sale price for 12 BALMORAL CLOSE of £385,000 on 23rd October 2017. For the value to have increased from £385,000 to £477,250 over the eight years and eight months to February 2025, the following assumptions must hold true:

• The value of 12 BALMORAL CLOSE has moved in line with the HPI for detached houses in the Arun local authority area.
• The October 2017 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of 12 BALMORAL CLOSE has not materially changed since October 2017.

How Large is 12 BALMORAL CLOSE?

12 BALMORAL CLOSE is 92m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 40% 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 12 BALMORAL CLOSE lies on this distribution: 33% of detached houses houses are smaller than 12 BALMORAL CLOSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Rustington.

12 BALMORAL CLOSE: Plot and Title Map

12 BALMORAL CLOSE sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 12 BALMORAL CLOSE, 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 12 BALMORAL CLOSE). 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 12 BALMORAL CLOSE?

12 BALMORAL CLOSE is located in RUSTINGTON, in the BN16 postcode district. The below map shows the position of No. 12 on BALMORAL CLOSE.