242, BRIGHTON ROAD, LANCING, BN15 8LH - £848,000

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

242 BRIGHTON ROAD is a very large extended detached house of 168m², built sometime between 1930 and 1949. It was last sold for £848,000 in April 2023, which was around 42% above the average April 2023 detached price in the Adur local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was C.

242 BRIGHTON ROAD Sold Prices

Land registry data shows three sales for 242 BRIGHTON ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Adur local authority area for the corresponding sale date. All of the three 242 BRIGHTON 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
2023 21 APR	£848,000	£599,156	42% above HPI
2016 3 MAR	£500,000	£439,278	14% above HPI
2012 16 JAN	£335,000	£306,228	9% above HPI

242 BRIGHTON 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 three 242 BRIGHTON ROAD sales between January 2012 and April 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 March 2016 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the April 2023 sale, where it rises to 42% above the HPI. The line then continues to track at 42% above the HPI.

How Large is 242 BRIGHTON ROAD?

242 BRIGHTON ROAD is 168m², which includes two extensions, according to the EPC inspection conducted in September 2022. This puts it in the largest 20% of detached houses in Lancing, based on EPC data. The below chart shows the distribution of detached houses by size in Lancing, and where 242 BRIGHTON ROAD lies on this distribution: 89% of detached houses are smaller than 242 BRIGHTON ROAD, and 10% of houses are larger. Note that EPC data is not available for all properties in Lancing.

242 BRIGHTON ROAD: Plot and Title Map

242 BRIGHTON ROAD sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 242 BRIGHTON 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 242 BRIGHTON 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 242 BRIGHTON ROAD?

242 BRIGHTON ROAD is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 242 on BRIGHTON ROAD.