1, THE COTTAGES, 2, COKEHAM LANE, SOMPTING, LANCING, BN15 9WG - £290,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 THE COTTAGES is a midsized detached house of 84m², built sometime from 2007 onwards. It was last sold for £290,000 in March 2019, which was around 39% below the average March 2019 detached price in the Adur local authority area. The most recent EPC inspection was March 2020, where the current energy rating was C, and the potential energy rating was B.

1 THE COTTAGES Sold Prices

Land registry data shows two sales for 1 THE COTTAGES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Adur local authority area for the corresponding sale date. One of the two 1 THE COTTAGES 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
2019 18 MAR	£290,000	£472,431	39% below HPI
2006 5 JAN	£305,000	£265,410	15% above HPI

1 THE COTTAGES 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 two 1 THE COTTAGES sales from January 2006 and March 2019 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 January 2006 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the March 2019 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 1 THE COTTAGES?

1 THE COTTAGES is 84m² according to the EPC inspection conducted in March 2020. This puts it in the smallest 50% of detached houses in Sompting, based on EPC data. The below chart shows the distribution of detached houses by size in Sompting, and where 1 THE COTTAGES lies on this distribution: 42% of detached houses are smaller than 1 THE COTTAGES, and 57% of houses are larger. Note that EPC data is not available for all properties in Sompting.

1 THE COTTAGES: Plot and Title Map

1 THE COTTAGES sits on a plot of roughly 0.049 of an acre, or 199m². The below map shows the location of 1 THE COTTAGES, 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 1 THE COTTAGES). 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 1 THE COTTAGES?

1, THE COTTAGES is located on COKEHAM LANE in SOMPTING, in the BN15 postcode district. The below map shows the position of 1, THE COTTAGES on COKEHAM LANE.