43, THE GRANGEWAY, RUSTINGTON, LITTLEHAMPTON, BN16 2QS - £258,000

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.

43 THE GRANGEWAY is a small flat of 60m², built sometime between 1930 and 1949, which could now be worth an estimated £267,287. It was last sold for £258,000 in December 2020, which was around 58% above the average December 2020 flat price in the Arun local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was C.

43 THE GRANGEWAY Sold Prices

Land registry data shows five sales for 43 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 43 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
2020 21 DEC	£258,000	£162,815	58% above HPI
2019 24 JAN	£233,750	£159,877	46% above HPI
2007 23 MAR	£154,950	£133,979	16% above HPI
2001 20 JUL	£60,000	£69,123	13% below HPI
1999 23 APR	£53,500	£47,398	13% above HPI

What might 43 THE GRANGEWAY be worth now?

43 THE GRANGEWAY might now be worth an estimated £267,287.

This is based on house price inflation of 3.6%, between December 2020 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 3.6% inflationary increase is applied to the most recent sale price for 43 THE GRANGEWAY of £258,000 on 21st December 2020. For the value to have increased from £258,000 to £267,287 over the six years and seven months to May 2026, the following assumptions must hold true:

• The value of 43 THE GRANGEWAY has moved in line with the HPI for flats in the Arun local authority area.
• The December 2020 sale price of £258,000 represented a fair market value for the property.
• The size, condition, and specification of 43 THE GRANGEWAY has not materially changed since December 2020.

How Large is 43 THE GRANGEWAY?

43 THE GRANGEWAY is 60m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 30% of flats in Rustington, based on EPC data. 26% of flats are smaller than 43 THE GRANGEWAY, and 72% of flats are larger. Note that EPC data is not available for all properties in Rustington.

43 THE GRANGEWAY: Plot

43 THE GRANGEWAY sits on a plot of roughly 0.578 of an acre, or 2,338m².

Where is 43 THE GRANGEWAY?

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