41A, RING ROAD, LANCING, BN15 0QE - £565,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

41A RING ROAD is a large extended detached house of 137m², built sometime between 1950 and 1966, which could now be worth an estimated £631,364. It was last sold for £565,500 in October 2020, which was around 4% above the average October 2020 detached price in the Adur local authority area. The most recent EPC inspection was March 2016, where the current energy rating was E, and the potential energy rating was A.

41A RING ROAD Sold Prices

Land registry data shows three sales for 41A RING 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 41A RING ROAD sales were for above 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 22 OCT	£565,500	£545,218	4% above HPI
2016 16 SEP	£520,000	£494,400	5% above HPI
1997 7 JUL	£124,000	£107,726	15% above HPI

41A RING 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 41A RING ROAD sales between July 1997 and October 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 September 2016 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the October 2020 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 41A RING ROAD be worth now?

41A RING ROAD might now be worth an estimated £631,364.

This is based on house price inflation of 11.6%, between October 2020 and February 2025, for detached houses, in the Adur local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 11.6% inflationary increase is applied to the most recent sale price for 41A RING ROAD of £565,500 on 22nd October 2020. For the value to have increased from £565,500 to £631,364 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 41A RING ROAD has moved in line with the HPI for detached houses in the Adur local authority area.
• The October 2020 sale price of £565,500 represented a fair market value for the property.
• The size, condition, and specification of 41A RING ROAD has not materially changed since October 2020.

How Large is 41A RING ROAD?

41A RING ROAD is 137m², which includes two extensions, according to the EPC inspection conducted in March 2016. This puts it in the largest 30% of detached houses houses in Lancing, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lancing, and where 41A RING ROAD lies on this distribution: 77% of detached houses houses are smaller than 41A RING ROAD, and 22% of houses are larger. Note that EPC data is not available for all properties in Lancing.

41A RING ROAD: Plot and Title Map

41A RING ROAD sits on a plot of roughly 0.117 of an acre, or 475m². The below map shows the location of 41A RING 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 41A RING 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 41A RING ROAD?

41A RING ROAD is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 41A on RING ROAD.