62, GRINSTEAD LANE, LANCING, BN15 9DZ - £375,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

62 GRINSTEAD LANE is a large extended detached house of 128m², built sometime between 1930 and 1949. It was last sold for £375,000 in March 2014, which was around 5% above the average March 2014 detached price in the Adur local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was C.

62 GRINSTEAD LANE Sold Prices

Land registry data shows three sales for 62 GRINSTEAD LANE 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. Two of the three 62 GRINSTEAD LANE sales were for above the average price, whilst one 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
2014 24 MAR	£375,000	£356,760	5% above HPI
2009 13 NOV	£250,000	£282,578	12% below HPI
2002 8 MAY	£236,000	£200,428	18% above HPI

62 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 three 62 GRINSTEAD LANE sales between May 2002 and March 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 November 2009 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the March 2014 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 62 GRINSTEAD LANE?

62 GRINSTEAD LANE is 128m², which includes one extension, according to the EPC inspection conducted in July 2013. This puts it in the largest 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 62 GRINSTEAD LANE lies on this distribution: 72% of detached houses are smaller than 62 GRINSTEAD LANE, and 28% of houses are larger. Note that EPC data is not available for all properties in Lancing.

62 GRINSTEAD LANE: Plot and Title Map

62 GRINSTEAD LANE sits on a plot of roughly 0.170 of an acre, or 687m². The below map shows the location of 62 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 62 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 62 GRINSTEAD LANE?

62 GRINSTEAD LANE is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 62 on GRINSTEAD LANE.