18, KINGS ROAD, LANCING, BN15 8EA - £307,500

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

18 KINGS ROAD is a large detached house of 120m², built sometime between 1930 and 1949. It was last sold for £307,500 in October 2014, which was around 19% below the average October 2014 detached price in the Adur local authority area. The most recent EPC inspection was May 2014, where the current energy rating was B, and the potential energy rating was B.

18 KINGS ROAD Sold Prices

Land registry data shows four sales for 18 KINGS 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. Two of the four 18 KINGS ROAD 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
2014 9 OCT	£307,500	£381,521	19% below HPI
2004 3 MAR	£249,950	£248,709	Close to HPI
2001 29 MAR	£185,000	£165,403	12% above HPI
2000 13 JUL	£110,000	£158,321	31% below HPI

18 KINGS 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 18 KINGS ROAD sales between July 2000 and October 2014 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 2004 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the October 2014 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 18 KINGS ROAD?

18 KINGS ROAD is 120m² according to the EPC inspection conducted in May 2014. 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 18 KINGS ROAD lies on this distribution: 66% of detached houses are smaller than 18 KINGS ROAD, and 33% of houses are larger. Note that EPC data is not available for all properties in Lancing.

18 KINGS ROAD: Plot and Title Map

18 KINGS ROAD sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 18 KINGS 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 18 KINGS 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 18 KINGS ROAD?

18 KINGS ROAD is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 18 on KINGS ROAD.