55, SOMPTING ROAD, LANCING, BN15 9LB - £425,000

Based on the November 2024 Price Paid Data (released on 2nd January 2025), the October 2024 House Price Index (released on 18th December 2024), and the October 2024 Energy Performance of Buildings Data (released on 28th November 2024). Sources

55 SOMPTING ROAD is a midsized extended detached house of 104m², built sometime between 1930 and 1949. It was last sold for £425,000 in May 2024, which was around 25% below the average May 2024 detached price in the Adur local authority area. The most recent EPC inspection was January 2024, where the current energy rating was D, and the potential energy rating was C.

55 SOMPTING ROAD Sold Prices

Land registry data shows two sales for 55 SOMPTING ROAD 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 55 SOMPTING 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 17 MAY	£425,000	£568,664	25% below HPI
2007 19 JUL	£248,000	£318,112	22% below HPI

55 SOMPTING 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 two 55 SOMPTING ROAD sales from July 2007 and May 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 July 2007 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the May 2024 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 55 SOMPTING ROAD?

55 SOMPTING ROAD is 104m², which includes one extension, according to the EPC inspection conducted in January 2024. 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 55 SOMPTING ROAD lies on this distribution: 53% of detached houses are smaller than 55 SOMPTING ROAD, and 46% of houses are larger. Note that EPC data is not available for all properties in Lancing.

55 SOMPTING ROAD: Plot and Title Map

55 SOMPTING ROAD sits on a plot of roughly 0.140 of an acre, or 565m². The below map shows the location of 55 SOMPTING 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 55 SOMPTING 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 55 SOMPTING ROAD?

55 SOMPTING ROAD is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 55 on SOMPTING ROAD.