61, GRINSTEAD LANE, LANCING, BN15 9DT - £237,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

61 GRINSTEAD LANE is a very large detached house of 173m², built sometime between 1950 and 1966, which could now be worth an estimated £491,721. It was last sold for £237,500 in January 2009, which was around 19% below the average January 2009 detached price in the Adur local authority area. The most recent EPC inspection was November 2008, where the current energy rating was D, and the potential energy rating was C.

61 GRINSTEAD LANE Sold Prices

Land registry data shows two sales for 61 GRINSTEAD 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 Adur local authority area for the corresponding sale date. Both of the two 61 GRINSTEAD LANE 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
2009 30 JAN	£237,500	£294,010	19% below HPI
1995 15 AUG	£77,000	£91,191	16% below HPI

61 GRINSTEAD LANE 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 61 GRINSTEAD LANE sales from August 1995 and January 2009 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 August 1995 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the January 2009 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 61 GRINSTEAD LANE be worth now?

61 GRINSTEAD LANE might now be worth an estimated £491,721.

This is based on house price inflation of 107%, between January 2009 and February 2025, for detached houses, in the Adur local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 107% inflationary increase is applied to the most recent sale price for 61 GRINSTEAD LANE of £237,500 on 30th January 2009. For the value to have increased from £237,500 to £491,721 over the fifteen years and eleven months to February 2025, the following assumptions must hold true:

• The value of 61 GRINSTEAD LANE has moved in line with the HPI for detached houses in the Adur local authority area.
• The January 2009 sale price of £237,500 represented a fair market value for the property.
• The size, condition, and specification of 61 GRINSTEAD LANE has not materially changed since January 2009.

How Large is 61 GRINSTEAD LANE?

61 GRINSTEAD LANE is 173m² according to the EPC inspection conducted in November 2008. This puts it in the largest 10% of detached houses houses in Lancing, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lancing, and where 61 GRINSTEAD LANE lies on this distribution: 91% of detached houses houses are smaller than 61 GRINSTEAD LANE, and 9% of houses are larger. Note that EPC data is not available for all properties in Lancing.

61 GRINSTEAD LANE: Plot and Title Map

61 GRINSTEAD LANE sits on a plot of roughly 0.178 of an acre, or 719m². The below map shows the location of 61 GRINSTEAD 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 61 GRINSTEAD 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 61 GRINSTEAD LANE?

61 GRINSTEAD LANE is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 61 on GRINSTEAD LANE.