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

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

32 GRINSTEAD LANE is a large detached house of 138m², built sometime between 1930 and 1949. It was last sold for £445,000 in December 2016, which was around 3% 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	£456,502	3% below HPI
2015 11 FEB	£275,000	£379,692	28% below HPI
2008 25 APR	£290,000	£320,463	10% below HPI
2008 17 MAR	£305,000	£325,125	6% 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 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the December 2016 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

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 in Lancing, based on EPC data. The below chart shows the distribution of detached houses by size in Lancing, and where 32 GRINSTEAD LANE lies on this distribution: 78% of detached houses are smaller than 32 GRINSTEAD LANE, and 22% 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.