ARDMORE, MOUNT WAY, LANCING, BN15 0QD - £1,200,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

ARDMORE is a very large extended detached house of 300m², built sometime between 1950 and 1966, which could now be worth an estimated £1,404,962. It was last sold for £1,200,000 in August 2019, which was around 127% above the average August 2019 detached price in the Adur local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was C.

ARDMORE Sold Prices

Land registry data shows two sales for ARDMORE 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 ARDMORE sales were for above 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 23 AUG	£1,200,000	£529,338	127% above HPI
2014 29 JAN	£500,000	£373,384	34% above HPI

ARDMORE 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 ARDMORE sales from January 2014 and August 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 January 2014 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the August 2019 sale, where it rises to 127% above the HPI. The line then continues to track at 127% above the HPI.

What might ARDMORE be worth now?

ARDMORE might now be worth an estimated £1,404,962.

This is based on house price inflation of 17.1%, between August 2019 and July 2025, for 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 17.1% inflationary increase is applied to the most recent sale price for ARDMORE of £1,200,000 on 23rd August 2019. For the value to have increased from £1,200,000 to £1,404,962 over the six years and one month to July 2025, the following assumptions must hold true:

• The value of ARDMORE has moved in line with the HPI for detached houses in the Adur local authority area.
• The August 2019 sale price of £1,200,000 represented a fair market value for the property.
• The size, condition, and specification of ARDMORE has not materially changed since August 2019.

How Large is ARDMORE?

ARDMORE is 300m², which includes two extensions, according to the EPC inspection conducted in July 2018. This puts it in the largest 10% of detached houses houses in Lancing, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lancing, and where ARDMORE lies on this distribution: More than 99% of detached houses houses are smaller than ARDMORE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Lancing.

ARDMORE: Plot and Title Map

ARDMORE sits on a plot of roughly 0.117 of an acre, or 473m². The below map shows the location of ARDMORE, 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 ARDMORE). 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 ARDMORE?

ARDMORE is located on MOUNT WAY in LANCING, in the BN15 postcode district. The below map shows the position of ARDMORE on MOUNT WAY.