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
7 NEPCOTE LANE is a large extended detached house of 143m², built sometime between 1950 and 1966. It was last sold for £385,000 in July 2003, which was around 45% above the average July 2003 detached price in the Arun local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 7 NEPCOTE LANE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Arun local authority area for the corresponding sale date. All of the four 7 NEPCOTE LANE sales were for above 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 |
---|---|---|---|
2003 16 JUL | £385,000 | £265,815 | 45% above HPI |
2001 31 MAY | £249,000 | £182,840 | 36% above HPI |
2000 9 MAR | £225,000 | £160,140 | 41% above HPI |
1997 27 FEB | £152,500 | £102,734 | 48% above HPI |
The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The four 7 NEPCOTE LANE sales between February 1997 and July 2003 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 2001 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the July 2003 sale, where it rises to 45% above the HPI. The line then continues to track at 45% above the HPI.
7 NEPCOTE LANE is 143m², which includes two extensions, according to the EPC inspection conducted in March 2013. This puts it in the largest 40% of detached houses in Findon, based on EPC data. The below chart shows the distribution of detached houses by size in Findon, and where 7 NEPCOTE LANE lies on this distribution: 64% of detached houses are smaller than 7 NEPCOTE LANE, and 34% of houses are larger. Note that EPC data is not available for all properties in Findon.
7 NEPCOTE LANE sits on a plot of roughly 0.296 of an acre, or 1,197m². The below map shows the location of 7 NEPCOTE 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 7 NEPCOTE 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.
7 NEPCOTE LANE is located in FINDON, in the BN14 postcode district. The below map shows the position of No. 7 on NEPCOTE LANE.