5, KINGS ROAD, LANCING, BN15 8EB - £750,000

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 KINGS ROAD is a very large extended detached house of 165m², built sometime between 1996 and 2002. It was last sold for £750,000 in March 2022, which was around 33% above the average March 2022 detached price in the Adur local authority area. The most recent EPC inspection was May 2016, where the current energy rating was C, and the potential energy rating was B.

5 KINGS ROAD Sold Prices

Land registry data shows four sales for 5 KINGS ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Adur local authority area for the corresponding sale date. Most of the four 5 KINGS 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
2022 25 MAR	£750,000	£565,613	33% above HPI
2017 9 FEB	£500,000	£461,305	8% above HPI
1997 20 JUN	£144,950	£97,797	48% above HPI
1996 6 DEC	£38,000	£90,817	58% below HPI

5 KINGS 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 four 5 KINGS ROAD sales between December 1996 and March 2022 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 February 2017 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the March 2022 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

How Large is 5 KINGS ROAD?

5 KINGS ROAD is 165m², which includes one extension, according to the EPC inspection conducted in May 2016. 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 5 KINGS ROAD lies on this distribution: 88% of detached houses are smaller than 5 KINGS ROAD, and 11% of houses are larger. Note that EPC data is not available for all properties in Lancing.

5 KINGS ROAD: Plot and Title Map

5 KINGS ROAD sits on a plot of roughly 0.118 of an acre, or 477m². The below map shows the location of 5 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 5 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.

Where is 5 KINGS ROAD?

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