36, THE GRANGEWAY, RUSTINGTON, LITTLEHAMPTON, BN16 2QS - £274,000

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.

36 THE GRANGEWAY is a small flat of 56m², built sometime between 1930 and 1949, which could now be worth an estimated £241,912. It was last sold for £274,000 in November 2022, which was around 43% above the average November 2022 flat price in the Arun local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was C.

36 THE GRANGEWAY Sold Prices

Land registry data shows five sales for 36 THE GRANGEWAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average flat price in the Arun local authority area for the corresponding sale date. Most of the five 36 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
2022 3 NOV	£274,000	£191,050	43% above HPI
2021 2 NOV	£150,000	£178,519	16% below HPI
2015 2 MAR	£140,000	£136,904	2% above HPI
1997 25 APR	£42,000	£39,463	6% above HPI
1995 19 JUN	£41,500	£38,299	8% above HPI

What might 36 THE GRANGEWAY be worth now?

36 THE GRANGEWAY might now be worth an estimated £241,912.

This is based on house price deflation of 11.7%, between November 2022 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 11.7% deflationary decrease is applied to the most recent sale price for 36 THE GRANGEWAY of £274,000 on 3rd November 2022. For the value to have decreased from £274,000 to £241,912 over the four years and six months to May 2026, the following assumptions must hold true:

• The value of 36 THE GRANGEWAY has moved in line with the HPI for flats in the Arun local authority area.
• The November 2022 sale price of £274,000 represented a fair market value for the property.
• The size, condition, and specification of 36 THE GRANGEWAY has not materially changed since November 2022.

How Large is 36 THE GRANGEWAY?

36 THE GRANGEWAY is 56m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 30% of flats in Rustington, based on EPC data. 21% of flats are smaller than 36 THE GRANGEWAY, and 77% of flats are larger. Note that EPC data is not available for all properties in Rustington.

36 THE GRANGEWAY: Plot

36 THE GRANGEWAY sits on a plot of roughly 0.123 of an acre, or 497m².

Where is 36 THE GRANGEWAY?

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