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
49 KINGS ROAD is a midsized extended detached house of 103m², built sometime between 1900 and 1929. It was last sold for £412,000 in August 2023, which was around 30% below the average August 2023 detached price in the Adur local authority area. The most recent EPC inspection was March 2014, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows five sales for 49 KINGS ROAD since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Adur local authority area for the corresponding sale date. Most of the five 49 KINGS 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 |
---|---|---|---|
2023 24 AUG | £412,000 | £585,092 | 30% below HPI |
2011 14 DEC | £230,000 | £309,741 | 26% below HPI |
2002 27 NOV | £194,950 | £219,331 | 11% below HPI |
1999 23 SEP | £129,995 | £126,937 | 2% above HPI |
1995 1 AUG | £50,000 | £84,307 | 41% below HPI |
The below graph shows the average detached house price in the Adur local authority area over time, sourced from the HPI. The five 49 KINGS ROAD sales between August 1995 and August 2023 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 2011 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the August 2023 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.
49 KINGS ROAD is 103m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the largest 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 49 KINGS ROAD lies on this distribution: 52% of detached houses are smaller than 49 KINGS ROAD, and 47% of houses are larger. Note that EPC data is not available for all properties in Lancing.
49 KINGS ROAD sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 49 KINGS 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 49 KINGS 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.
49 KINGS ROAD is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 49 on KINGS ROAD.