2, THE ABBOTTS, HALEWICK LANE, SOMPTING, LANCING, BN15 0NE - £400,000

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

2 THE ABBOTTS is a very large detached house of 150m², built sometime between 1996 and 2002. It was last sold for £400,000 in June 2021, which was around 22% below the average June 2021 detached price in the Adur local authority area. The most recent EPC inspection was February 2011, where the current energy rating was C, and the potential energy rating was C.

2 THE ABBOTTS Sold Prices

Land registry data shows four sales for 2 THE ABBOTTS 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. All of the four 2 THE ABBOTTS 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
2021 30 JUN	£400,000	£511,429	22% below HPI
2002 15 NOV	£197,000	£219,331	10% below HPI
1999 27 AUG	£123,000	£126,661	3% below HPI
1998 21 AUG	£95,000	£116,116	18% below HPI

2 THE ABBOTTS 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 2 THE ABBOTTS sales between August 1998 and June 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 November 2002 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the June 2021 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 2 THE ABBOTTS?

2 THE ABBOTTS is 150m² according to the EPC inspection conducted in February 2011. 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 2 THE ABBOTTS lies on this distribution: 92% of detached houses are smaller than 2 THE ABBOTTS, and 8% of houses are larger. Note that EPC data is not available for all properties in Sompting.

2 THE ABBOTTS: Plot and Title Map

2 THE ABBOTTS sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 2 THE ABBOTTS, 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 THE ABBOTTS). 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 THE ABBOTTS?

2 THE ABBOTTS is located on HALEWICK LANE in SOMPTING, in the BN15 postcode district. The below map shows the position of 2 THE ABBOTTS on HALEWICK LANE.