46, TEST ROAD, SOMPTING, LANCING, BN15 0EL - £280,000

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

46 TEST ROAD is a very small detached house of 59m², built sometime between 1950 and 1966. It was last sold for £280,000 in October 2021, which was around 49% below the average October 2021 detached price in the Adur local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was B.

46 TEST ROAD Sold Prices

Land registry data shows three sales for 46 TEST 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 46 TEST 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
2021 26 OCT	£280,000	£550,785	49% below HPI
2009 12 MAR	£154,000	£254,798	40% below HPI
1996 19 JUN	£60,000	£83,323	28% below HPI

46 TEST 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 46 TEST ROAD sales between June 1996 and October 2021 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 March 2009 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the October 2021 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 46 TEST ROAD?

46 TEST ROAD is 59m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 10% of detached houses in Sompting, based on EPC data. The below chart shows the distribution of detached houses by size in Sompting, and where 46 TEST ROAD lies on this distribution: 6% of detached houses are smaller than 46 TEST ROAD, and 93% of houses are larger. Note that EPC data is not available for all properties in Sompting.

46 TEST ROAD: Plot and Title Map

46 TEST ROAD sits on a plot of roughly 0.102 of an acre, or 413m². The below map shows the location of 46 TEST 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 46 TEST 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 46 TEST ROAD?

46 TEST ROAD is located in SOMPTING, in the BN15 postcode district. The below map shows the position of No. 46 on TEST ROAD.