29, VALLEY ROAD, SOMPTING, LANCING, BN15 0JP - £184,000

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

29 VALLEY ROAD is a very small extended semi-detached house of 50m², built sometime between 1930 and 1949. It was last sold for £184,000 in November 2012, which was around 40% below the average November 2012 detached price in the Adur local authority area. The most recent EPC inspection was May 2012, where the current energy rating was C, and the potential energy rating was B.

29 VALLEY ROAD Sold Prices

Land registry data shows four sales for 29 VALLEY ROAD 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 29 VALLEY 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
2012 30 NOV	£184,000	£308,970	40% below HPI
2004 27 SEP	£164,950	£273,370	40% below HPI
2001 20 JUL	£97,000	£178,340	46% below HPI
1999 26 MAR	£55,000	£117,020	53% below HPI

29 VALLEY 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 four 29 VALLEY ROAD sales between March 1999 and November 2012 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 September 2004 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the November 2012 sale, which was also at 40% below the HPI.

How Large is 29 VALLEY ROAD?

29 VALLEY ROAD is 50m², which includes one extension, according to the EPC inspection conducted in May 2012. This puts it in the smallest 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 29 VALLEY ROAD lies on this distribution: 1% of detached houses are smaller than 29 VALLEY ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Sompting.

29 VALLEY ROAD: Plot and Title Map

29 VALLEY ROAD sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of 29 VALLEY 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 29 VALLEY 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 29 VALLEY ROAD?

29 VALLEY ROAD is located in SOMPTING, in the BN15 postcode district. The below map shows the position of No. 29 on VALLEY ROAD.