78, PENHILL ROAD, LANCING, BN15 8HQ - £348,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

78 PENHILL ROAD is a large extended semi-detached house of 117m², built sometime between 1900 and 1929, which could now be worth an estimated £415,048. It was last sold for £348,000 in March 2018, which was around 2% below the average March 2018 semi-detached price in the Adur local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

78 PENHILL ROAD Sold Prices

Land registry data shows five sales for 78 PENHILL ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Adur local authority area for the corresponding sale date. Most of the five 78 PENHILL 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
2018 8 MAR	£348,000	£355,328	2% below HPI
2013 31 MAY	£230,000	£232,241	1% below HPI
2007 10 JAN	£230,000	£219,186	5% above HPI
1999 5 MAR	£89,950	£82,807	9% above HPI
1995 13 APR	£60,000	£61,549	3% below HPI

78 PENHILL ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Adur local authority area over time, sourced from the HPI. The five 78 PENHILL ROAD sales between April 1995 and March 2018 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 2013 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the March 2018 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 78 PENHILL ROAD be worth now?

78 PENHILL ROAD might now be worth an estimated £415,048.

This is based on house price inflation of 19.3%, between March 2018 and February 2025, for semi-detached houses, in the Adur local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.3% inflationary increase is applied to the most recent sale price for 78 PENHILL ROAD of £348,000 on 8th March 2018. For the value to have increased from £348,000 to £415,048 over the seven years and one month to February 2025, the following assumptions must hold true:

• The value of 78 PENHILL ROAD has moved in line with the HPI for semi-detached houses in the Adur local authority area.
• The March 2018 sale price of £348,000 represented a fair market value for the property.
• The size, condition, and specification of 78 PENHILL ROAD has not materially changed since March 2018.

How Large is 78 PENHILL ROAD?

78 PENHILL ROAD is 117m², which includes one extension, according to the EPC inspection conducted in October 2022. This puts it in the largest 40% of semi-detached houses houses in Lancing, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Lancing, and where 78 PENHILL ROAD lies on this distribution: 64% of semi-detached houses houses are smaller than 78 PENHILL ROAD, and 35% of houses are larger. Note that EPC data is not available for all properties in Lancing.

78 PENHILL ROAD: Plot and Title Map

78 PENHILL ROAD sits on a plot of roughly 0.048 of an acre, or 196m². The below map shows the location of 78 PENHILL 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 78 PENHILL 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 78 PENHILL ROAD?

78 PENHILL ROAD is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 78 on PENHILL ROAD.