5, ALEXANDRA ROAD, LANCING, BN15 8EJ - £340,000

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

5 ALEXANDRA ROAD is a very small extended detached house of 63m², built sometime between 1930 and 1949. It was last sold for £340,000 in January 2024, which was around 39% below the average January 2024 detached price in the Adur local authority area. The most recent EPC inspection was February 2023, where the current energy rating was E, and the potential energy rating was B.

5 ALEXANDRA ROAD Sold Prices

Land registry data shows five sales for 5 ALEXANDRA ROAD since 1^st 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. All of the five 5 ALEXANDRA 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
2024 22 JAN	£340,000	£554,148	39% below HPI
2009 22 JUN	£171,000	£263,863	35% below HPI
2006 5 MAY	£169,000	£274,133	38% below HPI
2002 14 NOV	£156,000	£219,331	29% below HPI
1999 9 AUG	£81,000	£126,661	36% below HPI

5 ALEXANDRA 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 five 5 ALEXANDRA ROAD sales between August 1999 and January 2024 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 June 2009 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the January 2024 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 5 ALEXANDRA ROAD?

5 ALEXANDRA ROAD is 63m², which includes one extension, according to the EPC inspection conducted in February 2023. This puts it in the smallest 10% of detached houses in Lancing, based on EPC data. The below chart shows the distribution of detached houses by size in Lancing, and where 5 ALEXANDRA ROAD lies on this distribution: 5% of detached houses are smaller than 5 ALEXANDRA ROAD, and 95% of houses are larger. Note that EPC data is not available for all properties in Lancing.

5 ALEXANDRA ROAD: Plot and Title Map

5 ALEXANDRA ROAD sits on a plot of roughly 0.063 of an acre, or 253m². The below map shows the location of 5 ALEXANDRA 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 5 ALEXANDRA 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 5 ALEXANDRA ROAD?

5 ALEXANDRA ROAD is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 5 on ALEXANDRA ROAD.