44, GREENOAKS, LANCING, BN15 0HE - £278,000

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

44 GREENOAKS is a midsized extended detached house of 91m², built sometime between 1967 and 1975. It was last sold for £278,000 in June 2015, which was around 30% below the average June 2015 detached price in the Adur local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was C.

44 GREENOAKS Sold Prices

Land registry data shows two sales for 44 GREENOAKS 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 44 GREENOAKS 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
2015 10 JUN	£278,000	£399,883	30% below HPI
2004 17 DEC	£221,500	£275,386	20% below HPI

44 GREENOAKS 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 44 GREENOAKS sales from December 2004 and June 2015 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 2004 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the June 2015 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 44 GREENOAKS?

44 GREENOAKS is 91m², which includes two extensions, according to the EPC inspection conducted in September 2014. This puts it in the smallest 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 44 GREENOAKS lies on this distribution: 40% of detached houses are smaller than 44 GREENOAKS, and 58% of houses are larger. Note that EPC data is not available for all properties in Lancing.

44 GREENOAKS: Plot and Title Map

44 GREENOAKS sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 44 GREENOAKS, 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 44 GREENOAKS). 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 44 GREENOAKS?

44 GREENOAKS is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 44 on GREENOAKS.