98A, COKEHAM LANE, SOMPTING, LANCING, BN15 9SJ - £260,000

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

98A COKEHAM LANE is a small detached house of 76m², built sometime between 1950 and 1966. It was last sold for £260,000 in March 2016, which was around 41% below the average March 2016 detached price in the Adur local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.

98A COKEHAM LANE Sold Prices

Land registry data shows three sales for 98A COKEHAM LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Adur local authority area for the corresponding sale date. All of the three 98A COKEHAM 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
2016 24 MAR	£260,000	£439,278	41% below HPI
2006 11 MAY	£205,000	£274,133	25% below HPI
1998 30 SEP	£96,000	£117,884	19% below HPI

98A COKEHAM 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 three 98A COKEHAM LANE sales between September 1998 and March 2016 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 2006 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the March 2016 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 98A COKEHAM LANE?

98A COKEHAM LANE is 76m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 40% of detached houses in Sompting, based on EPC data. The below chart shows the distribution of detached houses by size in Sompting, and where 98A COKEHAM LANE lies on this distribution: 30% of detached houses are smaller than 98A COKEHAM LANE, and 69% of houses are larger. Note that EPC data is not available for all properties in Sompting.

98A COKEHAM LANE: Plot and Title Map

98A COKEHAM LANE sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 98A COKEHAM 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 98A COKEHAM 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 98A COKEHAM LANE?

98A COKEHAM LANE is located in SOMPTING, in the BN15 postcode district. The below map shows the position of No. 98A on COKEHAM LANE.