86, ELMS DRIVE, LANCING, BN15 9LR - £250,000

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

86 ELMS DRIVE is a very small detached house of 68m², built sometime between 1930 and 1949. It was last sold for £250,000 in November 2012, which was around 19% below the average November 2012 detached price in the Adur local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was C.

86 ELMS DRIVE Sold Prices

Land registry data shows two sales for 86 ELMS DRIVE 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 86 ELMS DRIVE 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 2 NOV	£250,000	£308,970	19% below HPI
2012 2 MAR	£195,000	£309,464	37% below HPI

86 ELMS DRIVE 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 86 ELMS DRIVE sales from March 2012 and November 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 2012 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the November 2012 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 86 ELMS DRIVE?

86 ELMS DRIVE is 68m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 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 86 ELMS DRIVE lies on this distribution: 10% of detached houses are smaller than 86 ELMS DRIVE, and 89% of houses are larger. Note that EPC data is not available for all properties in Lancing.

86 ELMS DRIVE: Plot and Title Map

86 ELMS DRIVE sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 86 ELMS DRIVE, 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 86 ELMS DRIVE). 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 86 ELMS DRIVE?

86 ELMS DRIVE is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 86 on ELMS DRIVE.