3, GREENOAKS, LANCING, BN15 0HN - £239,950

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

3 GREENOAKS is a very small detached house of 75m², built sometime between 1950 and 1966. It was last sold for £239,950 in December 2011, which was around 23% below the average December 2011 detached price in the Adur local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was D.

3 GREENOAKS Sold Prices

Land registry data shows three sales for 3 GREENOAKS 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 3 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 12 DEC	£239,950	£309,741	23% below HPI
2004 12 FEB	£246,000	£250,602	2% below HPI
1995 15 SEP	£75,000	£82,275	9% below HPI

3 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 three 3 GREENOAKS sales between September 1995 and December 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 February 2004 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the December 2011 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 3 GREENOAKS?

3 GREENOAKS is 75m² according to the EPC inspection conducted in July 2010. This puts it in the smallest 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 3 GREENOAKS lies on this distribution: 20% of detached houses are smaller than 3 GREENOAKS, and 80% of houses are larger. Note that EPC data is not available for all properties in Lancing.

3 GREENOAKS: Plot and Title Map

3 GREENOAKS sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 3 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 3 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 3 GREENOAKS?

3 GREENOAKS is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 3 on GREENOAKS.