72, OLD SHOREHAM ROAD, LANCING, BN15 0QZ - £305,000

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

72 OLD SHOREHAM ROAD is a very small detached house of 60m², built sometime between 1950 and 1966. It was last sold for £305,000 in August 2024, which was around 45% below the average August 2024 detached price in the Adur local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was B.

72 OLD SHOREHAM ROAD Sold Prices

Land registry data shows two sales for 72 OLD SHOREHAM 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. Both of the two 72 OLD SHOREHAM ROAD 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
2024 6 AUG	£305,000	£552,001	45% below HPI
2001 28 AUG	£139,995	£180,351	22% below HPI

72 OLD SHOREHAM 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 72 OLD SHOREHAM ROAD sales from August 2001 and August 2024 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 August 2001 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the August 2024 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 72 OLD SHOREHAM ROAD?

72 OLD SHOREHAM ROAD is 60m² according to the EPC inspection conducted in September 2022. This puts it in the smallest 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 72 OLD SHOREHAM ROAD lies on this distribution: 3% of detached houses are smaller than 72 OLD SHOREHAM ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Lancing.

72 OLD SHOREHAM ROAD: Plot and Title Map

72 OLD SHOREHAM ROAD sits on a plot of roughly 0.100 of an acre, or 404m². The below map shows the location of 72 OLD SHOREHAM 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 72 OLD SHOREHAM 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 72 OLD SHOREHAM ROAD?

72 OLD SHOREHAM ROAD is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 72 on OLD SHOREHAM ROAD.