103, GRINSTEAD LANE, LANCING, BN15 9DT - £450,000

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

103 GRINSTEAD LANE is a large extended detached house of 120m², built sometime between 1950 and 1966. It was last sold for £450,000 in May 2019, which was around 6% below the average May 2019 detached price in the Adur 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.

103 GRINSTEAD LANE Sold Prices

Land registry data shows three sales for 103 GRINSTEAD LANE 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. Two of the three 103 GRINSTEAD LANE sales were for below the average price, whilst one 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 24 MAY	£450,000	£480,273	6% below HPI
2006 26 JUN	£249,950	£272,277	8% below HPI
2001 16 MAR	£167,500	£165,403	1% above HPI

103 GRINSTEAD LANE 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 103 GRINSTEAD LANE sales between March 2001 and May 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 June 2006 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the May 2019 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 103 GRINSTEAD LANE?

103 GRINSTEAD LANE is 120m², which includes one extension, according to the EPC inspection conducted in November 2018. 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 103 GRINSTEAD LANE lies on this distribution: 66% of detached houses are smaller than 103 GRINSTEAD LANE, and 33% of houses are larger. Note that EPC data is not available for all properties in Lancing.

103 GRINSTEAD LANE: Plot and Title Map

103 GRINSTEAD LANE sits on a plot of roughly 0.123 of an acre, or 498m². The below map shows the location of 103 GRINSTEAD LANE, 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 103 GRINSTEAD LANE). 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 103 GRINSTEAD LANE?

103 GRINSTEAD LANE is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 103 on GRINSTEAD LANE.