32, LOOSE LANE, SOMPTING, LANCING, BN15 0BG - £358,000

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

32 LOOSE LANE is a midsized detached house of 90m², built sometime between 1950 and 1966. It was last sold for £358,000 in October 2021, which was around 35% below the average October 2021 detached price in the Adur local authority area. The most recent EPC inspection was May 2009, where the current energy rating was C, and the potential energy rating was C.

32 LOOSE LANE Sold Prices

Land registry data shows three sales for 32 LOOSE LANE 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. All of the three 32 LOOSE 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
2021 15 OCT	£358,000	£550,785	35% below HPI
2009 18 SEP	£181,000	£267,065	32% below HPI
2007 30 AUG	£174,000	£322,091	46% below HPI

32 LOOSE 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 three 32 LOOSE LANE sales between August 2007 and October 2021 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 September 2009 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the October 2021 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 32 LOOSE LANE?

32 LOOSE LANE is 90m² according to the EPC inspection conducted in May 2009. This puts it in the largest 50% of detached houses in Sompting, based on EPC data. The below chart shows the distribution of detached houses by size in Sompting, and where 32 LOOSE LANE lies on this distribution: 52% of detached houses are smaller than 32 LOOSE LANE, and 48% of houses are larger. Note that EPC data is not available for all properties in Sompting.

32 LOOSE LANE: Plot and Title Map

32 LOOSE LANE sits on a plot of roughly 0.041 of an acre, or 164m². The below map shows the location of 32 LOOSE 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 LOOSE 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 LOOSE LANE?

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