104, PENHILL ROAD, LANCING, BN15 8HG - £363,000

104 PENHILL ROAD is a midsized extended detached house of 91m², built sometime between 1930 and 1949. It was last sold for £363,000 in October 2016, which was around 20% below the average October 2016 detached price in the Adur local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was B.

104 PENHILL ROAD Sold Prices

Land registry data shows two sales for 104 PENHILL ROAD 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 104 PENHILL ROAD 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
2016 7 OCT	£363,000	£452,009	20% below HPI
2015 5 JUN	£258,000	£399,883	35% below HPI

104 PENHILL ROAD 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 104 PENHILL ROAD sales from June 2015 and October 2016 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 June 2015 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the October 2016 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 104 PENHILL ROAD?

104 PENHILL ROAD is 91m², which includes one extension, according to the EPC inspection conducted in August 2016. This puts it in the smallest 50% of detached houses in Lancing, based on EPC data. The below chart shows the distribution of detached houses by size in Lancing, and where 104 PENHILL ROAD lies on this distribution: 40% of detached houses are smaller than 104 PENHILL ROAD, and 59% of houses are larger. Note that EPC data is not available for all properties in Lancing.

104 PENHILL ROAD: Plot and Title Map

104 PENHILL ROAD sits on a plot of roughly 0.098 of an acre, or 398m². The below map shows the location of 104 PENHILL ROAD, 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 104 PENHILL ROAD). 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 104 PENHILL ROAD?

104 PENHILL ROAD is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 104 on PENHILL ROAD.