51, THE GRANGEWAY, RUSTINGTON, LITTLEHAMPTON, BN16 2QS - £170,000

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.

51 THE GRANGEWAY is a small extended flat of 59m², built sometime between 1930 and 1949, which could now be worth an estimated £162,866. It was last sold for £170,000 in June 2021, which was around 3% below the average June 2021 flat price in the Arun local authority area. The most recent EPC inspection was November 2017, where the current energy rating was E, and the potential energy rating was C.

51 THE GRANGEWAY Sold Prices

Land registry data shows two sales for 51 THE GRANGEWAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Arun local authority area for the corresponding sale date. One of the two 51 THE GRANGEWAY sales was for below the average price, whilst the other was 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 14 JUN	£170,000	£176,065	3% below HPI
2004 23 JAN	£113,000	£107,028	6% above HPI

What might 51 THE GRANGEWAY be worth now?

51 THE GRANGEWAY might now be worth an estimated £162,866.

This is based on house price deflation of 4.2%, between June 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 4.2% deflationary decrease is applied to the most recent sale price for 51 THE GRANGEWAY of £170,000 on 14th June 2021. For the value to have decreased from £170,000 to £162,866 over the five years and one month to May 2026, the following assumptions must hold true:

• The value of 51 THE GRANGEWAY has moved in line with the HPI for flats in the Arun local authority area.
• The June 2021 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 51 THE GRANGEWAY has not materially changed since June 2021.

How Large is 51 THE GRANGEWAY?

51 THE GRANGEWAY is 59m², which includes one extension, according to the EPC inspection conducted in November 2017. This puts it in the smallest 30% of flats in Rustington, based on EPC data. 25% of flats are smaller than 51 THE GRANGEWAY, and 74% of flats are larger. Note that EPC data is not available for all properties in Rustington.

51 THE GRANGEWAY: Plot

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

Where is 51 THE GRANGEWAY?

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