32, GRINSTEAD LANE, LANCING, BN15 9DY - £445,000

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

32 GRINSTEAD LANE is a large detached house of 138m², built sometime between 1930 and 1949, which could now be worth an estimated £548,587. It was last sold for £445,000 in December 2016, which was around 10% below the average December 2016 detached price in the Adur local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

32 GRINSTEAD LANE Sold Prices

Land registry data shows four sales for 32 GRINSTEAD LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Adur local authority area for the corresponding sale date. All of the four 32 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
2016 16 DEC	£445,000	£493,778	10% below HPI
2015 11 FEB	£275,000	£410,696	33% below HPI
2008 25 APR	£290,000	£346,630	16% below HPI
2008 17 MAR	£305,000	£351,673	13% below HPI

32 GRINSTEAD LANE 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 four 32 GRINSTEAD LANE sales between March 2008 and December 2016 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 2015 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the December 2016 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 32 GRINSTEAD LANE be worth now?

32 GRINSTEAD LANE might now be worth an estimated £548,587.

This is based on house price inflation of 23.3%, between December 2016 and February 2025, for 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 23.3% inflationary increase is applied to the most recent sale price for 32 GRINSTEAD LANE of £445,000 on 16th December 2016. For the value to have increased from £445,000 to £548,587 over the nine years and ten months to February 2025, the following assumptions must hold true:

• The value of 32 GRINSTEAD LANE has moved in line with the HPI for detached houses in the Adur local authority area.
• The December 2016 sale price of £445,000 represented a fair market value for the property.
• The size, condition, and specification of 32 GRINSTEAD LANE has not materially changed since December 2016.

How Large is 32 GRINSTEAD LANE?

32 GRINSTEAD LANE is 138m² according to the EPC inspection conducted in May 2022. This puts it in the largest 30% of detached houses houses in Lancing, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lancing, and where 32 GRINSTEAD LANE lies on this distribution: 78% of detached houses houses are smaller than 32 GRINSTEAD LANE, and 21% of houses are larger. Note that EPC data is not available for all properties in Lancing.

32 GRINSTEAD LANE: Plot and Title Map

32 GRINSTEAD LANE sits on a plot of roughly 0.095 of an acre, or 383m². The below map shows the location of 32 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 32 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 32 GRINSTEAD LANE?

32 GRINSTEAD LANE is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 32 on GRINSTEAD LANE.