18, SILVERDALE DRIVE, SOMPTING, LANCING, BN15 9SB - £632,500

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

18 SILVERDALE DRIVE is a very large extended detached house of 155m², built sometime between 1967 and 1975. It was last sold for £632,500 in January 2023, which was around 8% above the average January 2023 detached price in the Adur local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

18 SILVERDALE DRIVE Sold Prices

Land registry data shows two sales for 18 SILVERDALE DRIVE 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 18 SILVERDALE DRIVE 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
2023 19 JAN	£632,500	£583,312	8% above HPI
2021 25 JUN	£570,000	£511,429	11% above HPI

18 SILVERDALE DRIVE 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 18 SILVERDALE DRIVE sales from June 2021 and January 2023 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 2021 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the January 2023 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 18 SILVERDALE DRIVE?

18 SILVERDALE DRIVE is 155m², which includes one extension, according to the EPC inspection conducted in September 2022. This puts it in the largest 10% of detached houses in Sompting, based on EPC data. The below chart shows the distribution of detached houses by size in Sompting, and where 18 SILVERDALE DRIVE lies on this distribution: 93% of detached houses are smaller than 18 SILVERDALE DRIVE, and 7% of houses are larger. Note that EPC data is not available for all properties in Sompting.

18 SILVERDALE DRIVE: Plot and Title Map

18 SILVERDALE DRIVE sits on a plot of roughly 0.117 of an acre, or 473m². The below map shows the location of 18 SILVERDALE DRIVE, 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 SILVERDALE DRIVE). 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 SILVERDALE DRIVE?

18 SILVERDALE DRIVE is located in SOMPTING, in the BN15 postcode district. The below map shows the position of No. 18 on SILVERDALE DRIVE.