1, DOWNSMEAD, SOMPTING, LANCING, BN15 0NA - £350,000

1 DOWNSMEAD is a very small detached house of 64m², built sometime between 1930 and 1949. It was last sold for £350,000 in November 2022, which was around 43% below the average November 2022 detached price in the Adur local authority area. The most recent EPC inspection was July 2013, where the current energy rating was B, and the potential energy rating was A.

1 DOWNSMEAD Sold Prices

Land registry data shows five sales for 1 DOWNSMEAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Adur local authority area for the corresponding sale date. All of the five 1 DOWNSMEAD 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
2022 25 NOV	£350,000	£615,058	43% below HPI
2014 28 FEB	£230,000	£345,394	33% below HPI
2006 24 NOV	£205,000	£291,921	30% below HPI
2001 18 DEC	£132,000	£198,082	33% below HPI
1999 26 FEB	£66,500	£118,660	44% below HPI

1 DOWNSMEAD 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 five 1 DOWNSMEAD sales between February 1999 and November 2022 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 February 2014 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the November 2022 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 1 DOWNSMEAD?

1 DOWNSMEAD is 64m² according to the EPC inspection conducted in July 2013. This puts it in the smallest 20% of detached houses in Sompting, based on EPC data. The below chart shows the distribution of detached houses by size in Sompting, and where 1 DOWNSMEAD lies on this distribution: 12% of detached houses are smaller than 1 DOWNSMEAD, and 86% of houses are larger. Note that EPC data is not available for all properties in Sompting.

1 DOWNSMEAD: Plot and Title Map

1 DOWNSMEAD sits on a plot of roughly 0.115 of an acre, or 465m². The below map shows the location of 1 DOWNSMEAD, 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 1 DOWNSMEAD). 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 1 DOWNSMEAD?

1 DOWNSMEAD is located in SOMPTING, in the BN15 postcode district. The below map shows the position of No. 1 on DOWNSMEAD.