54, CECIL ROAD, LANCING, BN15 8HP - £305,000

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

54 CECIL ROAD is a midsized semi-detached house of 108m², built sometime between 1930 and 1949. It was last sold for £305,000 in June 2014, which was around 14% below the average June 2014 detached price in the Adur local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was B.

54 CECIL ROAD Sold Prices

Land registry data shows three sales for 54 CECIL ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Adur local authority area for the corresponding sale date. All of the three 54 CECIL 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
2014 27 JUN	£305,000	£352,623	14% below HPI
2011 16 DEC	£180,000	£309,741	42% below HPI
2002 28 MAR	£148,000	£191,964	23% below HPI

54 CECIL 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 three 54 CECIL ROAD sales between March 2002 and June 2014 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 December 2011 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the June 2014 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 54 CECIL ROAD?

54 CECIL ROAD is 108m² according to the EPC inspection conducted in April 2014. This puts it in the largest 50% of detached houses in Lancing, based on EPC data. The below chart shows the distribution of detached houses by size in Lancing, and where 54 CECIL ROAD lies on this distribution: 58% of detached houses are smaller than 54 CECIL ROAD, and 42% of houses are larger. Note that EPC data is not available for all properties in Lancing.

54 CECIL ROAD: Plot and Title Map

54 CECIL ROAD sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 54 CECIL 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 54 CECIL 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 54 CECIL ROAD?

54 CECIL ROAD is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 54 on CECIL ROAD.