49, RING ROAD, LANCING, BN15 0QE - £480,000

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

49 RING ROAD is a very large detached house of 149m², built sometime between 1950 and 1966. It was last sold for £480,000 in February 2015, which was around 26% above the average February 2015 detached price in the Adur local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was D.

49 RING ROAD Sold Prices

Land registry data shows two sales for 49 RING ROAD 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 49 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
2015 27 FEB	£480,000	£379,692	26% above HPI
2011 25 NOV	£375,000	£309,540	21% above HPI

49 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 two 49 RING ROAD sales from November 2011 and February 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 November 2011 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the February 2015 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is 49 RING ROAD?

49 RING ROAD is 149m² according to the EPC inspection conducted in April 2010. This puts it in the largest 20% 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 RING ROAD lies on this distribution: 84% of detached houses are smaller than 49 RING ROAD, and 16% of houses are larger. Note that EPC data is not available for all properties in Lancing.

49 RING ROAD: Plot and Title Map

49 RING ROAD sits on a plot of roughly 0.174 of an acre, or 704m². The below map shows the location of 49 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 49 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 49 RING ROAD?

49 RING ROAD is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 49 on RING ROAD.