CLIFF CORNER, OLD SALTS FARM ROAD, LANCING, BN15 8JE - £575,000

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

CLIFF CORNER is a very small detached house of 69m², built sometime between 1900 and 1929. It was last sold for £575,000 in August 2017, which was around 20% above the average August 2017 detached price in the Adur local authority area. The most recent EPC inspection was July 2014, where the current energy rating was E, and the potential energy rating was C.

CLIFF CORNER Sold Prices

Land registry data shows four sales for CLIFF CORNER since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Adur local authority area for the corresponding sale date. Most of the four CLIFF CORNER 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
2017 7 AUG	£575,000	£477,392	20% above HPI
2015 8 JUL	£260,000	£401,206	35% below HPI
2007 16 NOV	£299,995	£329,534	9% below HPI
2005 22 APR	£199,000	£263,038	24% below HPI

CLIFF CORNER 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 four CLIFF CORNER sales between April 2005 and August 2017 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 2015 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the August 2017 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is CLIFF CORNER?

CLIFF CORNER is 69m² according to the EPC inspection conducted in July 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 CLIFF CORNER lies on this distribution: 11% of detached houses are smaller than CLIFF CORNER, and 88% of houses are larger. Note that EPC data is not available for all properties in Lancing.

CLIFF CORNER: Plot and Title Map

CLIFF CORNER sits on a plot of roughly 0.121 of an acre, or 489m². The below map shows the location of CLIFF CORNER, 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 CLIFF CORNER). 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 CLIFF CORNER?

CLIFF CORNER is located on OLD SALTS FARM ROAD in LANCING, in the BN15 postcode district. The below map shows the position of CLIFF CORNER on OLD SALTS FARM ROAD.