65, MILL ROAD, LANCING, BN15 0QA - £375,000

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

65 MILL ROAD is a very large detached house of 175m², built sometime between 2007 and 2011. It was last sold for £375,000 in March 2009, which was around 47% above the average March 2009 detached price in the Adur local authority area. The most recent EPC inspection was May 2023, where the current energy rating was B, and the potential energy rating was B.

65 MILL ROAD Sold Prices

Land registry data shows two sales for 65 MILL 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. One of the two 65 MILL ROAD sales was for above the average price, whilst the other 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
2009 5 MAR	£375,000	£254,798	47% above HPI
2006 15 DEC	£222,000	£290,314	24% below HPI

65 MILL 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 65 MILL ROAD sales from December 2006 and March 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 December 2006 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the March 2009 sale, where it rises to 47% above the HPI. The line then continues to track at 47% above the HPI.

How Large is 65 MILL ROAD?

65 MILL ROAD is 175m² according to the EPC inspection conducted in May 2023. This puts it in the largest 10% of detached houses in Lancing, based on EPC data. The below chart shows the distribution of detached houses by size in Lancing, and where 65 MILL ROAD lies on this distribution: 92% of detached houses are smaller than 65 MILL ROAD, and 8% of houses are larger. Note that EPC data is not available for all properties in Lancing.

65 MILL ROAD: Plot and Title Map

65 MILL ROAD sits on a plot of roughly 0.128 of an acre, or 517m². The below map shows the location of 65 MILL 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 65 MILL 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 65 MILL ROAD?

65 MILL ROAD is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 65 on MILL ROAD.