39, THE DRIVE, LANCING, BN15 8PS - £340,000

39 THE DRIVE is a very small detached house of 61m², built sometime between 1967 and 1975. It was last sold for £340,000 in April 2018, which was around 28% below the average April 2018 detached price in the Adur local authority area. The most recent EPC inspection was July 2017, where the current energy rating was E, and the potential energy rating was B.

39 THE DRIVE Sold Prices

Land registry data shows three sales for 39 THE DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Adur local authority area for the corresponding sale date. All of the three 39 THE DRIVE sales were for below 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
2018 19 APR	£340,000	£474,256	28% below HPI
1999 10 DEC	£124,000	£136,329	9% below HPI
1997 4 JUN	£69,000	£97,797	29% below HPI

39 THE DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Adur local authority area over time, sourced from the HPI. The three 39 THE DRIVE sales between June 1997 and April 2018 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the December 1999 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the April 2018 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 39 THE DRIVE?

39 THE DRIVE is 61m² according to the EPC inspection conducted in July 2017. This puts it in the smallest 10% of detached houses in Lancing, based on EPC data. The below chart shows the distribution of detached houses by size in Lancing, and where 39 THE DRIVE lies on this distribution: 4% of detached houses are smaller than 39 THE DRIVE, and 96% of houses are larger. Note that EPC data is not available for all properties in Lancing.

39 THE DRIVE: Plot and Title Map

39 THE DRIVE sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of 39 THE DRIVE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 39 THE DRIVE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 39 THE DRIVE?

39 THE DRIVE is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 39 on THE DRIVE.