3, GRINSTEAD LANE, LANCING, BN15 9DU - £362,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 GRINSTEAD LANE is a small semi-detached house of 88m², built sometime between 1930 and 1949, which could now be worth an estimated £369,351. It was last sold for £362,000 in December 2023, which was around 13% below the average December 2023 semi-detached price in the Adur local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was B.

3 GRINSTEAD LANE Sold Prices

Land registry data shows two sales for 3 GRINSTEAD LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Adur local authority area for the corresponding sale date. Both of the two 3 GRINSTEAD LANE 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
2023 14 DEC	£362,000	£415,354	13% below HPI
2000 28 JUL	£109,500	£111,339	2% below HPI

3 GRINSTEAD LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Adur local authority area over time, sourced from the HPI. The two 3 GRINSTEAD LANE sales from July 2000 and December 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 July 2000 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the December 2023 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 3 GRINSTEAD LANE be worth now?

3 GRINSTEAD LANE might now be worth an estimated £369,351.

This is based on house price inflation of 2%, between December 2023 and February 2025, for semi-detached houses, in the Adur local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2% inflationary increase is applied to the most recent sale price for 3 GRINSTEAD LANE of £362,000 on 14th December 2023. For the value to have increased from £362,000 to £369,351 over the two years and ten months to February 2025, the following assumptions must hold true:

• The value of 3 GRINSTEAD LANE has moved in line with the HPI for semi-detached houses in the Adur local authority area.
• The December 2023 sale price of £362,000 represented a fair market value for the property.
• The size, condition, and specification of 3 GRINSTEAD LANE has not materially changed since December 2023.

How Large is 3 GRINSTEAD LANE?

3 GRINSTEAD LANE is 88m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 40% of semi-detached houses houses in Lancing, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Lancing, and where 3 GRINSTEAD LANE lies on this distribution: 37% of semi-detached houses houses are smaller than 3 GRINSTEAD LANE, and 61% of houses are larger. Note that EPC data is not available for all properties in Lancing.

3 GRINSTEAD LANE: Plot and Title Map

3 GRINSTEAD LANE sits on a plot of roughly 0.099 of an acre, or 400m². The below map shows the location of 3 GRINSTEAD LANE, 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 GRINSTEAD LANE). 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 GRINSTEAD LANE?

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