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 LANGBURY LANE is a midsized extended detached house of 98m², built sometime between 1930 and 1949. It was last sold for £412,500 in July 2019, which was around 8% below the average July 2019 detached price in the Arun local authority area. The most recent EPC inspection was October 2013, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows six sales for 62 LANGBURY LANE since 1st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Arun local authority area for the corresponding sale date. All of the six 62 LANGBURY 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 |
---|---|---|---|
2019 30 JUL | £412,500 | £450,198 | 8% below HPI |
2014 30 MAY | £317,000 | £348,516 | 9% below HPI |
2007 30 AUG | £319,000 | £337,588 | 6% below HPI |
2004 24 MAY | £240,000 | £276,067 | 13% below HPI |
1999 17 SEP | £124,950 | £142,987 | 13% below HPI |
1998 12 JUN | £99,000 | £124,107 | 20% below HPI |
The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The six 62 LANGBURY LANE sales between June 1998 and July 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 May 2014 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the July 2019 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.
62 LANGBURY LANE is 98m², which includes one extension, according to the EPC inspection conducted in October 2013. This puts it in the smallest 50% of detached houses in Ferring, based on EPC data. The below chart shows the distribution of detached houses by size in Ferring, and where 62 LANGBURY LANE lies on this distribution: 40% of detached houses are smaller than 62 LANGBURY LANE, and 59% of houses are larger. Note that EPC data is not available for all properties in Ferring.
62 LANGBURY LANE sits on a plot of roughly 0.115 of an acre, or 467m². The below map shows the location of 62 LANGBURY 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 LANGBURY 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.
62 LANGBURY LANE is located in FERRING, in the BN12 postcode district. The below map shows the position of No. 62 on LANGBURY LANE.