16, THE PARKWAY, RUSTINGTON, LITTLEHAMPTON, BN16 2BU - £547,000

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.

16 THE PARKWAY is a large detached house of 145m², built sometime between 1930 and 1949, which could now be worth an estimated £698,129. It was last sold for £547,000 in July 2017, which was around 21% above the average July 2017 detached price in the Arun local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was C.

16 THE PARKWAY Sold Prices

Land registry data shows three sales for 16 THE PARKWAY 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 16 THE PARKWAY sales were for above 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 7 JUL	£547,000	£450,295	21% above HPI
2000 11 OCT	£284,000	£183,369	55% above HPI
1996 30 SEP	£136,950	£103,467	32% above HPI

16 THE PARKWAY 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 16 THE PARKWAY sales between September 1996 and July 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 2000 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the July 2017 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 16 THE PARKWAY be worth now?

16 THE PARKWAY might now be worth an estimated £698,129.

This is based on house price inflation of 27.6%, between July 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 27.6% inflationary increase is applied to the most recent sale price for 16 THE PARKWAY of £547,000 on 7th July 2017. For the value to have increased from £547,000 to £698,129 over the eight years and five months to February 2025, the following assumptions must hold true:

• The value of 16 THE PARKWAY has moved in line with the HPI for detached houses in the Arun local authority area.
• The July 2017 sale price of £547,000 represented a fair market value for the property.
• The size, condition, and specification of 16 THE PARKWAY has not materially changed since July 2017.

How Large is 16 THE PARKWAY?

16 THE PARKWAY is 145m² according to the EPC inspection conducted in June 2017. This puts it in the largest 30% 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 16 THE PARKWAY lies on this distribution: 79% of detached houses houses are smaller than 16 THE PARKWAY, and 21% of houses are larger. Note that EPC data is not available for all properties in Rustington.

16 THE PARKWAY: Plot and Title Map

16 THE PARKWAY sits on a plot of roughly 0.159 of an acre, or 642m². The below map shows the location of 16 THE PARKWAY, 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 16 THE PARKWAY). 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 16 THE PARKWAY?

16 THE PARKWAY is located in RUSTINGTON, in the BN16 postcode district. The below map shows the position of No. 16 on THE PARKWAY.