24, GREENOAKS, LANCING, BN15 0HN - £270,000

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

24 GREENOAKS is a midsized extended detached house of 98m², built sometime between 1950 and 1966. It was last sold for £270,000 in May 2011, which was around 11% below the average May 2011 detached price in the Adur local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was C.

24 GREENOAKS Sold Prices

Land registry data shows five sales for 24 GREENOAKS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Adur local authority area for the corresponding sale date. All of the five 24 GREENOAKS 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
2011 27 MAY	£270,000	£302,281	11% below HPI
2007 20 JUN	£262,500	£313,330	16% below HPI
2002 19 APR	£167,450	£196,344	15% below HPI
2000 24 AUG	£118,000	£156,282	24% below HPI
1995 17 MAR	£65,250	£86,387	24% below HPI

24 GREENOAKS 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 five 24 GREENOAKS sales between March 1995 and May 2011 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 2007 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the May 2011 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 24 GREENOAKS?

24 GREENOAKS is 98m², which includes one extension, according to the EPC inspection conducted in September 2010. This puts it in the smallest 50% of detached houses in Lancing, based on EPC data. The below chart shows the distribution of detached houses by size in Lancing, and where 24 GREENOAKS lies on this distribution: 46% of detached houses are smaller than 24 GREENOAKS, and 54% of houses are larger. Note that EPC data is not available for all properties in Lancing.

24 GREENOAKS: Plot and Title Map

24 GREENOAKS sits on a plot of roughly 0.122 of an acre, or 494m². The below map shows the location of 24 GREENOAKS, 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 24 GREENOAKS). 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 24 GREENOAKS?

24 GREENOAKS is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 24 on GREENOAKS.