71, GRINSTEAD LANE, LANCING, BN15 9DT - £310,000

Based on the November 2024 Price Paid Data (released on 2nd January 2025), the October 2024 House Price Index (released on 18th December 2024), and the October 2024 Energy Performance of Buildings Data (released on 28th November 2024). Sources

71 GRINSTEAD LANE is a very large detached house of 146m², built sometime between 1950 and 1966. It was last sold for £310,000 in October 2012, which was around 2% below the average October 2012 detached price in the Adur local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was C.

71 GRINSTEAD LANE Sold Prices

Land registry data shows two sales for 71 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 71 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
2012 4 OCT	£310,000	£315,641	2% below HPI
2004 11 MAR	£247,000	£248,709	1% below HPI

71 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 71 GRINSTEAD LANE sales from March 2004 and October 2012 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 March 2004 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the October 2012 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 71 GRINSTEAD LANE?

71 GRINSTEAD LANE is 146m² according to the EPC inspection conducted in July 2012. This puts it in the largest 20% of detached houses in Lancing, based on EPC data. The below chart shows the distribution of detached houses by size in Lancing, and where 71 GRINSTEAD LANE lies on this distribution: 82% of detached houses are smaller than 71 GRINSTEAD LANE, and 18% of houses are larger. Note that EPC data is not available for all properties in Lancing.

71 GRINSTEAD LANE: Plot and Title Map

71 GRINSTEAD LANE sits on a plot of roughly 0.193 of an acre, or 780m². The below map shows the location of 71 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 71 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 71 GRINSTEAD LANE?

71 GRINSTEAD LANE is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 71 on GRINSTEAD LANE.