48, CROSS LANE, FINDON, WORTHING, BN14 0UG - £183,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

48 CROSS LANE is a small detached house of 89m², built sometime between 1967 and 1975. It was last sold for £183,000 in March 2002, which was around 9% below the average March 2002 detached price in the Arun local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

48 CROSS LANE Sold Prices

Land registry data shows two sales for 48 CROSS LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Arun local authority area for the corresponding sale date. Both of the two 48 CROSS LANE 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
2002 27 MAR	£183,000	£200,482	9% below HPI
1997 30 JUL	£90,000	£108,784	17% below HPI

48 CROSS LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The two 48 CROSS LANE sales from July 1997 and March 2002 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 July 1997 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the March 2002 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 48 CROSS LANE?

48 CROSS LANE is 89m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 30% of detached houses in Findon, based on EPC data. The below chart shows the distribution of detached houses by size in Findon, and where 48 CROSS LANE lies on this distribution: 24% of detached houses are smaller than 48 CROSS LANE, and 76% of houses are larger. Note that EPC data is not available for all properties in Findon.

48 CROSS LANE: Plot and Title Map

48 CROSS LANE sits on a plot of roughly 0.080 of an acre, or 326m². The below map shows the location of 48 CROSS LANE, 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 48 CROSS LANE). 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 48 CROSS LANE?

48 CROSS LANE is located in FINDON, in the BN14 postcode district. The below map shows the position of No. 48 on CROSS LANE.