3, NORBURY DRIVE, LANCING, BN15 0QN - £585,000

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

3 NORBURY DRIVE is a very large extended detached house of 163m², built sometime between 1976 and 1982. It was last sold for £585,000 in October 2017, which was around 22% above the average October 2017 detached price in the Adur local authority area. The most recent EPC inspection was July 2017, where the current energy rating was C, and the potential energy rating was B.

3 NORBURY DRIVE Sold Prices

Land registry data shows two sales for 3 NORBURY DRIVE 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. One of the two 3 NORBURY DRIVE sales was for above the average price, whilst the other was 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
2017 16 OCT	£585,000	£479,220	22% above HPI
2008 11 DEC	£185,000	£281,271	34% below HPI

3 NORBURY DRIVE 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 3 NORBURY DRIVE sales from December 2008 and October 2017 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 December 2008 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the October 2017 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is 3 NORBURY DRIVE?

3 NORBURY DRIVE is 163m², which includes one extension, according to the EPC inspection conducted in July 2017. 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 3 NORBURY DRIVE lies on this distribution: 88% of detached houses are smaller than 3 NORBURY DRIVE, and 12% of houses are larger. Note that EPC data is not available for all properties in Lancing.

3 NORBURY DRIVE: Plot and Title Map

3 NORBURY DRIVE sits on a plot of roughly 0.108 of an acre, or 436m². The below map shows the location of 3 NORBURY DRIVE, 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 NORBURY DRIVE). 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 NORBURY DRIVE?

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