245, BRIGHTON ROAD, LANCING, BN15 8JP - £368,000

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

245 BRIGHTON ROAD is a small extended detached house of 84m², built sometime between 1930 and 1949. It was last sold for £368,000 in January 2022, which was around 35% below the average January 2022 detached price in the Adur local authority area. The most recent EPC inspection was June 2014, where the current energy rating was E, and the potential energy rating was C.

245 BRIGHTON ROAD Sold Prices

Land registry data shows two sales for 245 BRIGHTON ROAD 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 245 BRIGHTON ROAD 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
2022 28 JAN	£368,000	£561,966	35% below HPI
1997 31 JAN	£62,000	£89,588	31% below HPI

245 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 two 245 BRIGHTON ROAD sales from January 1997 and January 2022 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 January 1997 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the January 2022 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 245 BRIGHTON ROAD?

245 BRIGHTON ROAD is 84m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the smallest 40% of detached houses in Lancing, based on EPC data. The below chart shows the distribution of detached houses by size in Lancing, and where 245 BRIGHTON ROAD lies on this distribution: 32% of detached houses are smaller than 245 BRIGHTON ROAD, and 67% of houses are larger. Note that EPC data is not available for all properties in Lancing.

245 BRIGHTON ROAD: Plot and Title Map

245 BRIGHTON ROAD sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 245 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 245 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 245 BRIGHTON ROAD?

245 BRIGHTON ROAD is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 245 on BRIGHTON ROAD.