114, PENHILL ROAD, LANCING, BN15 8HG - £309,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

114 PENHILL ROAD is a large extended semi-detached house of 119m², built sometime before 1900, which could now be worth an estimated £531,936. It was last sold for £309,000 in October 2013, which was around 26% above the average October 2013 semi-detached price in the Adur local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was B.

114 PENHILL ROAD Sold Prices

Land registry data shows two sales for 114 PENHILL ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Adur local authority area for the corresponding sale date. Both of the two 114 PENHILL ROAD sales were 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
2013 25 OCT	£309,000	£246,177	26% above HPI
2013 28 MAR	£250,000	£237,036	5% above HPI

114 PENHILL ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Adur local authority area over time, sourced from the HPI. The two 114 PENHILL ROAD sales from March 2013 and October 2013 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 March 2013 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the October 2013 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 114 PENHILL ROAD be worth now?

114 PENHILL ROAD might now be worth an estimated £531,936.

This is based on house price inflation of 72.1%, between October 2013 and February 2025, for semi-detached houses, in the Adur local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 72.1% inflationary increase is applied to the most recent sale price for 114 PENHILL ROAD of £309,000 on 25th October 2013. For the value to have increased from £309,000 to £531,936 over the twelve years and eight months to February 2025, the following assumptions must hold true:

• The value of 114 PENHILL ROAD has moved in line with the HPI for semi-detached houses in the Adur local authority area.
• The October 2013 sale price of £309,000 represented a fair market value for the property.
• The size, condition, and specification of 114 PENHILL ROAD has not materially changed since October 2013.

How Large is 114 PENHILL ROAD?

114 PENHILL ROAD is 119m², which includes two extensions, according to the EPC inspection conducted in June 2012. This puts it in the largest 40% of semi-detached houses houses in Lancing, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Lancing, and where 114 PENHILL ROAD lies on this distribution: 65% of semi-detached houses houses are smaller than 114 PENHILL ROAD, and 34% of houses are larger. Note that EPC data is not available for all properties in Lancing.

114 PENHILL ROAD: Plot and Title Map

114 PENHILL ROAD sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 114 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 114 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 114 PENHILL ROAD?

114 PENHILL ROAD is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 114 on PENHILL ROAD.