38, KINGS ROAD, LANCING, BN15 8DZ - £355,000

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

38 KINGS ROAD is a midsized extended detached house of 110m², built sometime between 1900 and 1929. It was last sold for £355,000 in August 2020, which was around 26% below the average August 2020 detached price in the Adur local authority area. The most recent EPC inspection was August 2019, where the current energy rating was E, and the potential energy rating was C.

38 KINGS ROAD Sold Prices

Land registry data shows two sales for 38 KINGS ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Adur local authority area for the corresponding sale date. Both of the two 38 KINGS 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
2020 21 AUG	£355,000	£482,149	26% below HPI
1997 4 DEC	£57,000	£107,939	47% below HPI

38 KINGS 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 two 38 KINGS ROAD sales from December 1997 and August 2020 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 December 1997 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the August 2020 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 38 KINGS ROAD?

38 KINGS ROAD is 110m², which includes one extension, according to the EPC inspection conducted in August 2019. This puts it in the largest 50% of detached houses in Lancing, based on EPC data. The below chart shows the distribution of detached houses by size in Lancing, and where 38 KINGS ROAD lies on this distribution: 60% of detached houses are smaller than 38 KINGS ROAD, and 40% of houses are larger. Note that EPC data is not available for all properties in Lancing.

38 KINGS ROAD: Plot and Title Map

38 KINGS ROAD sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 38 KINGS 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 38 KINGS 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 38 KINGS ROAD?

38 KINGS ROAD is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 38 on KINGS ROAD.