5, NORBURY DRIVE, LANCING, BN15 0QN - £263,000

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 NORBURY DRIVE is a small detached house of 80m². It was last sold for £263,000 in September 2011, which was around 15% below the average September 2011 detached price in the Adur local authority area. The most recent EPC inspection was October 2009, where the current energy rating was E, and the potential energy rating was D.

5 NORBURY DRIVE Sold Prices

Land registry data shows two sales for 5 NORBURY DRIVE 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 5 NORBURY DRIVE 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
2011 30 SEP	£263,000	£310,229	15% below HPI
1999 21 JUN	£120,500	£123,412	2% below HPI

5 NORBURY DRIVE 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 5 NORBURY DRIVE sales from June 1999 and September 2011 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 1999 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the September 2011 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 5 NORBURY DRIVE?

5 NORBURY DRIVE is 80m² according to the EPC inspection conducted in October 2009. This puts it in the smallest 30% 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 NORBURY DRIVE lies on this distribution: 28% of detached houses are smaller than 5 NORBURY DRIVE, and 72% of houses are larger. Note that EPC data is not available for all properties in Lancing.

5 NORBURY DRIVE: Plot and Title Map

5 NORBURY DRIVE sits on a plot of roughly 0.097 of an acre, or 394m². The below map shows the location of 5 NORBURY DRIVE, 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 NORBURY DRIVE). 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 NORBURY DRIVE?

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