2, OLD SALTS FARM ROAD, LANCING, BN15 8JE - £400,000

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.

2 OLD SALTS FARM ROAD is a midsized extended terraced house of 105m², built sometime between 1900 and 1929, which could now be worth an estimated £424,072. It was last sold for £400,000 in December 2021, which was around 19% above the average December 2021 terraced price in the Adur local authority area. The most recent EPC inspection was April 2012, where the current energy rating was E, and the potential energy rating was B.

2 OLD SALTS FARM ROAD Sold Prices

Land registry data shows two sales for 2 OLD SALTS FARM ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Adur local authority area for the corresponding sale date. Both of the two 2 OLD SALTS FARM 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 22 DEC	£400,000	£335,049	19% above HPI
1997 2 OCT	£68,000	£59,370	15% above HPI

2 OLD SALTS FARM ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Adur local authority area over time, sourced from the HPI. The two 2 OLD SALTS FARM ROAD sales from October 1997 and December 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 October 1997 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the December 2021 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 2 OLD SALTS FARM ROAD be worth now?

2 OLD SALTS FARM ROAD might now be worth an estimated £424,072.

This is based on house price inflation of 6%, between December 2021 and July 2025, for terraced 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 6% inflationary increase is applied to the most recent sale price for 2 OLD SALTS FARM ROAD of £400,000 on 22nd December 2021. For the value to have increased from £400,000 to £424,072 over the four years and five months to July 2025, the following assumptions must hold true:

• The value of 2 OLD SALTS FARM ROAD has moved in line with the HPI for terraced houses in the Adur local authority area.
• The December 2021 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 2 OLD SALTS FARM ROAD has not materially changed since December 2021.

How Large is 2 OLD SALTS FARM ROAD?

2 OLD SALTS FARM ROAD is 105m², which includes one extension, according to the EPC inspection conducted in April 2012. This puts it in the largest 50% of terraced houses houses in Lancing, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Lancing, and where 2 OLD SALTS FARM ROAD lies on this distribution: 53% of terraced houses houses are smaller than 2 OLD SALTS FARM ROAD, and 45% of houses are larger. Note that EPC data is not available for all properties in Lancing.

2 OLD SALTS FARM ROAD: Plot and Title Map

2 OLD SALTS FARM ROAD sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 2 OLD SALTS FARM 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 2 OLD SALTS FARM 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 2 OLD SALTS FARM ROAD?

2 OLD SALTS FARM ROAD is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 2 on OLD SALTS FARM ROAD.