89, GRINSTEAD LANE, LANCING, BN15 9DT - £405,000

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

89 GRINSTEAD LANE is a midsized extended detached house of 105m², built sometime between 1950 and 1966. It was last sold for £405,000 in March 2019, which was around 14% below the average March 2019 detached price in the Adur local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was C.

89 GRINSTEAD LANE Sold Prices

Land registry data shows two sales for 89 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 89 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
2019 4 MAR	£405,000	£472,431	14% below HPI
1995 19 JUL	£74,000	£82,621	10% below HPI

89 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 89 GRINSTEAD LANE sales from July 1995 and March 2019 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 July 1995 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the March 2019 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 89 GRINSTEAD LANE?

89 GRINSTEAD LANE is 105m², which includes one extension, according to the EPC inspection conducted in August 2018. This puts it in the largest 50% of detached houses in Lancing, based on EPC data. The below chart shows the distribution of detached houses by size in Lancing, and where 89 GRINSTEAD LANE lies on this distribution: 54% of detached houses are smaller than 89 GRINSTEAD LANE, and 44% of houses are larger. Note that EPC data is not available for all properties in Lancing.

89 GRINSTEAD LANE: Plot and Title Map

89 GRINSTEAD LANE sits on a plot of roughly 0.179 of an acre, or 724m². The below map shows the location of 89 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 89 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 89 GRINSTEAD LANE?

89 GRINSTEAD LANE is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 89 on GRINSTEAD LANE.