37, CECIL ROAD, LANCING, BN15 8HP - £318,000

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

37 CECIL ROAD is a very small detached house of 60m², built sometime between 1930 and 1949. It was last sold for £318,000 in October 2017, which was around 34% below the average October 2017 detached price in the Adur local authority area. The most recent EPC inspection was May 2017, where the current energy rating was C, and the potential energy rating was B.

37 CECIL ROAD Sold Prices

Land registry data shows three sales for 37 CECIL ROAD 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 37 CECIL ROAD 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
2017 4 OCT	£318,000	£479,220	34% below HPI
2015 18 MAR	£241,000	£390,708	38% below HPI
2014 11 APR	£185,000	£352,188	47% below HPI

37 CECIL ROAD 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 37 CECIL ROAD sales between April 2014 and October 2017 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 March 2015 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the October 2017 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 37 CECIL ROAD?

37 CECIL ROAD is 60m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 10% of detached houses in Lancing, based on EPC data. The below chart shows the distribution of detached houses by size in Lancing, and where 37 CECIL ROAD lies on this distribution: 3% of detached houses are smaller than 37 CECIL ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Lancing.

37 CECIL ROAD: Plot and Title Map

37 CECIL ROAD sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 37 CECIL ROAD, 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 37 CECIL ROAD). 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 37 CECIL ROAD?

37 CECIL ROAD is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 37 on CECIL ROAD.