4, SUMMERS CLOSE, RUSTINGTON, LITTLEHAMPTON, BN16 2HY - £275,000

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.

4 SUMMERS CLOSE is a large flat of 78m², built sometime between 2003 and 2006, which could now be worth an estimated £249,557. It was last sold for £275,000 in March 2023, which was around 48% above the average March 2023 flat price in the Arun local authority area. The most recent EPC inspection was November 2019, where the current energy rating was C, and the potential energy rating was C.

4 SUMMERS CLOSE Sold Prices

Land registry data shows three sales for 4 SUMMERS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the Arun local authority area for the corresponding sale date. All of the three 4 SUMMERS CLOSE 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
2023 20 MAR	£275,000	£185,873	48% above HPI
2009 20 OCT	£162,500	£120,933	34% above HPI
2006 4 AUG	£200,000	£127,654	57% above HPI

What might 4 SUMMERS CLOSE be worth now?

4 SUMMERS CLOSE might now be worth an estimated £249,557.

This is based on house price deflation of 9.3%, between March 2023 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 9.3% deflationary decrease is applied to the most recent sale price for 4 SUMMERS CLOSE of £275,000 on 20th March 2023. For the value to have decreased from £275,000 to £249,557 over the two years and ten months to May 2026, the following assumptions must hold true:

• The value of 4 SUMMERS CLOSE has moved in line with the HPI for flats in the Arun local authority area.
• The March 2023 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 4 SUMMERS CLOSE has not materially changed since March 2023.

How Large is 4 SUMMERS CLOSE?

4 SUMMERS CLOSE is 78m² according to the EPC inspection conducted in November 2019. This puts it in the largest 20% of flats in Rustington, based on EPC data. 77% of flats are smaller than 4 SUMMERS CLOSE, and 19% of flats are larger. Note that EPC data is not available for all properties in Rustington.

4 SUMMERS CLOSE: Plot

4 SUMMERS CLOSE sits on a plot of roughly 0.424 of an acre, or 1,715m².

Where is 4 SUMMERS CLOSE?

4 SUMMERS CLOSE is located in RUSTINGTON, in the BN16 postcode district.