31, NORBURY DRIVE, LANCING, BN15 0QQ - £538,000

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

31 NORBURY DRIVE is a small detached house of 84m², built sometime between 1950 and 1966. It was last sold for £538,000 in June 2023, which was around 8% below the average June 2023 detached price in the Adur local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.

31 NORBURY DRIVE Sold Prices

Land registry data shows three sales for 31 NORBURY DRIVE 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. Two of the three 31 NORBURY DRIVE sales were for below the average price, whilst one was for above 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 23 JUN	£538,000	£584,457	8% below HPI
2016 20 JUN	£395,000	£448,864	12% below HPI
2008 29 OCT	£315,000	£292,718	8% above HPI

31 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 three 31 NORBURY DRIVE sales between October 2008 and June 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 June 2016 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the June 2023 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 31 NORBURY DRIVE?

31 NORBURY DRIVE is 84m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 40% of detached houses in Lancing, based on EPC data. The below chart shows the distribution of detached houses by size in Lancing, and where 31 NORBURY DRIVE lies on this distribution: 32% of detached houses are smaller than 31 NORBURY DRIVE, and 67% of houses are larger. Note that EPC data is not available for all properties in Lancing.

31 NORBURY DRIVE: Plot and Title Map

31 NORBURY DRIVE sits on a plot of roughly 0.157 of an acre, or 635m². The below map shows the location of 31 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 31 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 31 NORBURY DRIVE?

31 NORBURY DRIVE is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 31 on NORBURY DRIVE.