3, REDWING CLOSE, WICK, LITTLEHAMPTON, BN17 7GT - £323,000

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.

3 REDWING CLOSE is a very small semi-detached house of 56m², built sometime between 1996 and 2002, which could now be worth an estimated £305,641. It was last sold for £323,000 in November 2022, which was around 13% below the average November 2022 semi-detached price in the Arun local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.

3 REDWING CLOSE Sold Prices

Land registry data shows three sales for 3 REDWING CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Arun local authority area for the corresponding sale date. All of the three 3 REDWING 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
2022 16 NOV	£323,000	£372,829	13% below HPI
2007 27 JUN	£186,000	£222,630	16% below HPI
2000 2 FEB	£82,000	£97,867	16% below HPI

3 REDWING CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Arun local authority area over time, sourced from the HPI. The three 3 REDWING CLOSE sales between February 2000 and November 2022 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 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the November 2022 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 3 REDWING CLOSE be worth now?

3 REDWING CLOSE might now be worth an estimated £305,641.

This is based on house price deflation of 5.4%, between November 2022 and April 2026, for semi-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 5.4% deflationary decrease is applied to the most recent sale price for 3 REDWING CLOSE of £323,000 on 16th November 2022. For the value to have decreased from £323,000 to £305,641 over the four years and seven months to April 2026, the following assumptions must hold true:

• The value of 3 REDWING CLOSE has moved in line with the HPI for semi-detached houses in the Arun local authority area.
• The November 2022 sale price of £323,000 represented a fair market value for the property.
• The size, condition, and specification of 3 REDWING CLOSE has not materially changed since November 2022.

How Large is 3 REDWING CLOSE?

3 REDWING CLOSE is 56m² according to the EPC inspection conducted in July 2022. This puts it in the smallest 10% of semi-detached houses houses in Wick, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Wick, and where 3 REDWING CLOSE lies on this distribution: 3% of semi-detached houses houses are smaller than 3 REDWING CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Wick.

3 REDWING CLOSE: Plot and Title Map

3 REDWING CLOSE sits on a plot of roughly 0.045 of an acre, or 184m². The below map shows the location of 3 REDWING 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 3 REDWING 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 3 REDWING CLOSE?

3 REDWING CLOSE is located in WICK, in the BN17 postcode district. The below map shows the position of No. 3 on REDWING CLOSE.