40, LANCING PARK, LANCING, BN15 8RF - £434,000

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

40 LANCING PARK is a very large extended detached house of 226m², built sometime between 1930 and 1949. It was last sold for £434,000 in October 2014, which was around 14% above the average October 2014 detached price in the Adur local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was C.

40 LANCING PARK Sold Prices

Land registry data shows three sales for 40 LANCING PARK 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. Two of the three 40 LANCING PARK sales were for above the average price, whilst one 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
2014 20 OCT	£434,000	£381,521	14% above HPI
2000 1 SEP	£162,500	£159,514	2% above HPI
1999 20 SEP	£58,500	£126,937	54% below HPI

40 LANCING PARK 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 40 LANCING PARK sales between September 1999 and October 2014 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 2000 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the October 2014 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 40 LANCING PARK?

40 LANCING PARK is 226m², which includes three extensions, according to the EPC inspection conducted in June 2013. This puts it in the largest 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 40 LANCING PARK lies on this distribution: 98% of detached houses are smaller than 40 LANCING PARK, and 2% of houses are larger. Note that EPC data is not available for all properties in Lancing.

40 LANCING PARK: Plot and Title Map

40 LANCING PARK sits on a plot of roughly 0.126 of an acre, or 508m². The below map shows the location of 40 LANCING PARK, 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 40 LANCING PARK). 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 40 LANCING PARK?

40 LANCING PARK is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 40 on LANCING PARK.