MILDMAY, EAST STREET, LANCING, BN15 8BB - £279,950

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.

MILDMAY is a midsized extended detached house of 110m², built sometime between 1900 and 1929, which could now be worth an estimated £390,304. It was last sold for £279,950 in August 2015, which was around 36% below the average August 2015 detached price in the Adur local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was C.

MILDMAY Sold Prices

Land registry data shows two sales for MILDMAY 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 MILDMAY 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
2015 10 AUG	£279,950	£436,611	36% below HPI
2009 21 AUG	£185,000	£287,971	36% below HPI

MILDMAY 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 MILDMAY sales from August 2009 and August 2015 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 August 2009 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the August 2015 sale, which was also at 36% below the HPI.

What might MILDMAY be worth now?

MILDMAY might now be worth an estimated £390,304.

This is based on house price inflation of 39.4%, between August 2015 and February 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 39.4% inflationary increase is applied to the most recent sale price for MILDMAY of £279,950 on 10th August 2015. For the value to have increased from £279,950 to £390,304 over the ten years and six months to February 2025, the following assumptions must hold true:

• The value of MILDMAY has moved in line with the HPI for detached houses in the Adur local authority area.
• The August 2015 sale price of £279,950 represented a fair market value for the property.
• The size, condition, and specification of MILDMAY has not materially changed since August 2015.

How Large is MILDMAY?

MILDMAY is 110m², which includes three extensions, according to the EPC inspection conducted in September 2013. This puts it in the largest 50% 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 MILDMAY lies on this distribution: 59% of detached houses houses are smaller than MILDMAY, and 40% of houses are larger. Note that EPC data is not available for all properties in Lancing.

MILDMAY: Plot and Title Map

MILDMAY sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of MILDMAY, 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 MILDMAY). 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 MILDMAY?

MILDMAY is located on EAST STREET in LANCING, in the BN15 postcode district. The below map shows the position of MILDMAY on EAST STREET.