34, THE GRANGEWAY, RUSTINGTON, LITTLEHAMPTON, BN16 2QS - £280,000

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.

34 THE GRANGEWAY is a small flat of 58m², built sometime between 1930 and 1949, which could now be worth an estimated £271,497. It was last sold for £280,000 in September 2021, which was around 61% above the average September 2021 flat price in the Arun local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was C.

34 THE GRANGEWAY Sold Prices

Land registry data shows four sales for 34 THE GRANGEWAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average flat price in the Arun local authority area for the corresponding sale date. Most of the four 34 THE GRANGEWAY 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
2021 30 SEP	£280,000	£173,959	61% above HPI
2015 14 DEC	£249,950	£143,841	74% above HPI
2005 4 JAN	£60,000	£121,552	51% below HPI
2004 17 SEP	£120,000	£119,079	1% above HPI

What might 34 THE GRANGEWAY be worth now?

34 THE GRANGEWAY might now be worth an estimated £271,497.

This is based on house price deflation of 3%, between September 2021 and May 2026, for flats, in the Arun local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3% deflationary decrease is applied to the most recent sale price for 34 THE GRANGEWAY of £280,000 on 30th September 2021. For the value to have decreased from £280,000 to £271,497 over the five years and four months to May 2026, the following assumptions must hold true:

• The value of 34 THE GRANGEWAY has moved in line with the HPI for flats in the Arun local authority area.
• The September 2021 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 34 THE GRANGEWAY has not materially changed since September 2021.

How Large is 34 THE GRANGEWAY?

34 THE GRANGEWAY is 58m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 30% of flats in Rustington, based on EPC data. 24% of flats are smaller than 34 THE GRANGEWAY, and 75% of flats are larger. Note that EPC data is not available for all properties in Rustington.

34 THE GRANGEWAY: Plot

34 THE GRANGEWAY sits on a plot of roughly 0.119 of an acre, or 480m².

Where is 34 THE GRANGEWAY?

34 THE GRANGEWAY is located in RUSTINGTON, in the BN16 postcode district.