100, PENHILL ROAD, LANCING, BN15 8HG - £395,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

100 PENHILL ROAD is a large extended detached house of 120m², built sometime between 1930 and 1949. It was last sold for £395,000 in December 2016, which was around 13% below the average December 2016 detached price in the Adur local authority area. The most recent EPC inspection was July 2009, where the current energy rating was D, and the potential energy rating was C.

100 PENHILL ROAD Sold Prices

Land registry data shows four sales for 100 PENHILL ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Adur local authority area for the corresponding sale date. Most of the four 100 PENHILL ROAD 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
2016 16 DEC	£395,000	£456,502	13% below HPI
2009 19 OCT	£298,000	£274,447	9% above HPI
2002 14 MAY	£165,000	£200,428	18% below HPI
2000 8 AUG	£133,000	£156,282	15% below HPI

100 PENHILL ROAD 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 four 100 PENHILL ROAD sales between August 2000 and December 2016 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 October 2009 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the December 2016 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 100 PENHILL ROAD?

100 PENHILL ROAD is 120m², which includes one extension, according to the EPC inspection conducted in July 2009. This puts it in the largest 40% of detached houses in Lancing, based on EPC data. The below chart shows the distribution of detached houses by size in Lancing, and where 100 PENHILL ROAD lies on this distribution: 67% of detached houses are smaller than 100 PENHILL ROAD, and 33% of houses are larger. Note that EPC data is not available for all properties in Lancing.

100 PENHILL ROAD: Plot and Title Map

100 PENHILL ROAD sits on a plot of roughly 0.080 of an acre, or 322m². The below map shows the location of 100 PENHILL ROAD, 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 100 PENHILL ROAD). 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 100 PENHILL ROAD?

100 PENHILL ROAD is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 100 on PENHILL ROAD.