3, SILVERDALE DRIVE, SOMPTING, LANCING, BN15 9SH - £454,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 SILVERDALE DRIVE is a large extended detached house of 101m², built sometime between 1967 and 1975. It was last sold for £454,000 in March 2022, which was around 20% below the average March 2022 detached price in the Adur local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was C.

3 SILVERDALE DRIVE Sold Prices

Land registry data shows two sales for 3 SILVERDALE 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. Both of the two 3 SILVERDALE DRIVE 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 8 MAR	£454,000	£565,613	20% below HPI
2019 15 APR	£380,000	£470,842	19% below HPI

3 SILVERDALE 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 SILVERDALE DRIVE sales from April 2019 and March 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 April 2019 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the March 2022 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 3 SILVERDALE DRIVE?

3 SILVERDALE DRIVE is 101m², which includes one extension, according to the EPC inspection conducted in November 2018. This puts it in the largest 40% of detached houses in Sompting, based on EPC data. The below chart shows the distribution of detached houses by size in Sompting, and where 3 SILVERDALE DRIVE lies on this distribution: 62% of detached houses are smaller than 3 SILVERDALE DRIVE, and 37% of houses are larger. Note that EPC data is not available for all properties in Sompting.

3 SILVERDALE DRIVE: Plot and Title Map

3 SILVERDALE DRIVE sits on a plot of roughly 0.102 of an acre, or 414m². The below map shows the location of 3 SILVERDALE 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 SILVERDALE 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 SILVERDALE DRIVE?

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