1, PENSTONE PARK, LANCING, BN15 9AG - £365,500

1 PENSTONE PARK is a small detached house of 78m², built sometime between 1930 and 1949. It was last sold for £365,500 in February 2021, which was around 30% below the average February 2021 detached price in the Adur local authority area. The most recent EPC inspection was December 2020, where the current energy rating was D, and the potential energy rating was B.

1 PENSTONE PARK Sold Prices

Land registry data shows two sales for 1 PENSTONE PARK 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 1 PENSTONE PARK 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
2021 9 FEB	£365,500	£519,010	30% below HPI
2000 8 DEC	£134,950	£161,892	17% below HPI

1 PENSTONE PARK 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 1 PENSTONE PARK sales from December 2000 and February 2021 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 December 2000 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the February 2021 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 1 PENSTONE PARK?

1 PENSTONE PARK is 78m² according to the EPC inspection conducted in December 2020. This puts it in the smallest 30% of detached houses in Lancing, based on EPC data. The below chart shows the distribution of detached houses by size in Lancing, and where 1 PENSTONE PARK lies on this distribution: 23% of detached houses are smaller than 1 PENSTONE PARK, and 75% of houses are larger. Note that EPC data is not available for all properties in Lancing.

1 PENSTONE PARK: Plot and Title Map

1 PENSTONE PARK sits on a plot of roughly 0.128 of an acre, or 519m². The below map shows the location of 1 PENSTONE PARK, 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 PENSTONE PARK). 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 PENSTONE PARK?

1 PENSTONE PARK is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 1 on PENSTONE PARK.