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
38 CROSS LANE is a very large extended detached house of 227m², built sometime between 1930 and 1949. It was last sold for £289,950 in August 2002, which was around 28% above the average August 2002 detached price in the Arun local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 38 CROSS LANE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Arun local authority area for the corresponding sale date. One of the two 38 CROSS LANE sales was for above the average price, whilst the other was 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 |
---|---|---|---|
2002 25 AUG | £289,950 | £227,212 | 28% above HPI |
1995 28 JUN | £84,000 | £96,218 | 13% below HPI |
The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The two 38 CROSS LANE sales from June 1995 and August 2002 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 1995 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the August 2002 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.
38 CROSS LANE is 227m², which includes four extensions, according to the EPC inspection conducted in March 2015. This puts it in the largest 20% of detached houses in Findon, based on EPC data. The below chart shows the distribution of detached houses by size in Findon, and where 38 CROSS LANE lies on this distribution: 87% of detached houses are smaller than 38 CROSS LANE, and 13% of houses are larger. Note that EPC data is not available for all properties in Findon.
38 CROSS LANE sits on a plot of roughly 0.176 of an acre, or 714m². The below map shows the location of 38 CROSS 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 38 CROSS 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.
38 CROSS LANE is located in FINDON, in the BN14 postcode district. The below map shows the position of No. 38 on CROSS LANE.