12, RING ROAD, LANCING, BN15 0QF - £760,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

12 RING ROAD is a very large extended detached house of 172m², built sometime between 1930 and 1949, which could now be worth an estimated £776,534. It was last sold for £760,000 in October 2021, which was around 28% above the average October 2021 detached price in the Adur local authority area. The most recent EPC inspection was March 2012, where the current energy rating was F, and the potential energy rating was D.

12 RING ROAD Sold Prices

Land registry data shows three sales for 12 RING ROAD 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 12 RING 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
2021 8 OCT	£760,000	£595,759	28% above HPI
2003 28 MAR	£375,000	£254,369	47% above HPI
1998 26 OCT	£173,000	£128,318	35% above HPI

12 RING 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 three 12 RING ROAD sales between October 1998 and October 2021 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 2003 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the October 2021 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might 12 RING ROAD be worth now?

12 RING ROAD might now be worth an estimated £776,534.

This is based on house price inflation of 2.2%, between October 2021 and February 2025, for 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 2.2% inflationary increase is applied to the most recent sale price for 12 RING ROAD of £760,000 on 8th October 2021. For the value to have increased from £760,000 to £776,534 over the four years and eight months to February 2025, the following assumptions must hold true:

• The value of 12 RING ROAD has moved in line with the HPI for detached houses in the Adur local authority area.
• The October 2021 sale price of £760,000 represented a fair market value for the property.
• The size, condition, and specification of 12 RING ROAD has not materially changed since October 2021.

How Large is 12 RING ROAD?

12 RING ROAD is 172m², which includes one extension, according to the EPC inspection conducted in March 2012. This puts it in the largest 10% of detached houses houses in Lancing, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lancing, and where 12 RING ROAD lies on this distribution: 91% of detached houses houses are smaller than 12 RING ROAD, and 9% of houses are larger. Note that EPC data is not available for all properties in Lancing.

12 RING ROAD: Plot and Title Map

12 RING ROAD sits on a plot of roughly 0.172 of an acre, or 698m². The below map shows the location of 12 RING 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 12 RING 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 12 RING ROAD?

12 RING ROAD is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 12 on RING ROAD.