DEBS DELIGHT, OLD SALTS FARM ROAD, LANCING, BN15 8JD - £362,500

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

DEBS DELIGHT is a very small detached house of 68m², built sometime between 1950 and 1966. It was last sold for £362,500 in November 2019, which was around 25% below the average November 2019 detached price in the Adur local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was B.

DEBS DELIGHT Sold Prices

Land registry data shows two sales for DEBS DELIGHT 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 DEBS DELIGHT 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 7 NOV	£362,500	£484,525	25% below HPI
2017 23 NOV	£348,000	£474,146	27% below HPI

DEBS DELIGHT 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 DEBS DELIGHT sales from November 2017 and November 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 November 2017 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the November 2019 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is DEBS DELIGHT?

DEBS DELIGHT is 68m² according to the EPC inspection conducted in October 2016. 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 DEBS DELIGHT lies on this distribution: 10% of detached houses are smaller than DEBS DELIGHT, and 89% of houses are larger. Note that EPC data is not available for all properties in Lancing.

DEBS DELIGHT: Plot and Title Map

DEBS DELIGHT sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of DEBS DELIGHT, 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 DEBS DELIGHT). 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 DEBS DELIGHT?

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