53, STEEP LANE, FINDON, WORTHING, BN14 0UE - £510,000

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

53 STEEP LANE is a small extended detached house of 92m², built sometime between 1967 and 1975. It was last sold for £510,000 in February 2019, which was around 13% above the average February 2019 detached price in the Arun local authority area. The most recent EPC inspection was August 2017, where the current energy rating was E, and the potential energy rating was B.

53 STEEP LANE Sold Prices

Land registry data shows two sales for 53 STEEP LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Arun local authority area for the corresponding sale date. One of the two 53 STEEP LANE sales was for above the average price, whilst the other was 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
2019 22 FEB	£510,000	£450,374	13% above HPI
2018 16 MAR	£360,000	£448,033	20% below HPI

53 STEEP LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The two 53 STEEP LANE sales from March 2018 and February 2019 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 March 2018 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the February 2019 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 53 STEEP LANE?

53 STEEP LANE is 92m², which includes one extension, according to the EPC inspection conducted in August 2017. This puts it in the smallest 30% of detached houses in Findon, based on EPC data. The below chart shows the distribution of detached houses by size in Findon, and where 53 STEEP LANE lies on this distribution: 28% of detached houses are smaller than 53 STEEP LANE, and 69% of houses are larger. Note that EPC data is not available for all properties in Findon.

53 STEEP LANE: Plot and Title Map

53 STEEP LANE sits on a plot of roughly 0.127 of an acre, or 516m². The below map shows the location of 53 STEEP LANE, 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 53 STEEP LANE). 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 53 STEEP LANE?

53 STEEP LANE is located in FINDON, in the BN14 postcode district. The below map shows the position of No. 53 on STEEP LANE.