15, ALEXANDRA ROAD, LANCING, BN15 8EJ - £339,000

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.

15 ALEXANDRA ROAD is a midsized extended detached house of 100m², built sometime between 1900 and 1929, which could now be worth an estimated £395,447. It was last sold for £339,000 in February 2018, which was around 35% below the average February 2018 detached price in the Adur local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was B.

15 ALEXANDRA ROAD Sold Prices

Land registry data shows two sales for 15 ALEXANDRA ROAD 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. Both of the two 15 ALEXANDRA 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
2018 15 FEB	£339,000	£521,830	35% below HPI
2005 15 JUL	£142,000	£284,495	50% below HPI

15 ALEXANDRA 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 two 15 ALEXANDRA ROAD sales from July 2005 and February 2018 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 July 2005 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the February 2018 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 15 ALEXANDRA ROAD be worth now?

15 ALEXANDRA ROAD might now be worth an estimated £395,447.

This is based on house price inflation of 16.7%, between February 2018 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 16.7% inflationary increase is applied to the most recent sale price for 15 ALEXANDRA ROAD of £339,000 on 15th February 2018. For the value to have increased from £339,000 to £395,447 over the seven years to February 2025, the following assumptions must hold true:

• The value of 15 ALEXANDRA ROAD has moved in line with the HPI for detached houses in the Adur local authority area.
• The February 2018 sale price of £339,000 represented a fair market value for the property.
• The size, condition, and specification of 15 ALEXANDRA ROAD has not materially changed since February 2018.

How Large is 15 ALEXANDRA ROAD?

15 ALEXANDRA ROAD is 100m², which includes one extension, according to the EPC inspection conducted in September 2017. This puts it in the largest 50% 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 15 ALEXANDRA ROAD lies on this distribution: 49% of detached houses houses are smaller than 15 ALEXANDRA ROAD, and 50% of houses are larger. Note that EPC data is not available for all properties in Lancing.

15 ALEXANDRA ROAD: Plot and Title Map

15 ALEXANDRA ROAD sits on a plot of roughly 0.110 of an acre, or 445m². The below map shows the location of 15 ALEXANDRA 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 15 ALEXANDRA 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 15 ALEXANDRA ROAD?

15 ALEXANDRA ROAD is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 15 on ALEXANDRA ROAD.