106, PENHILL ROAD, LANCING, BN15 8HG - £475,000

106 PENHILL ROAD is a large extended detached house of 121m², built sometime between 1930 and 1949. It was last sold for £475,000 in June 2023, which was around 23% below the average June 2023 detached price in the Adur local authority area. The most recent EPC inspection was December 2018, where the current energy rating was D, and the potential energy rating was C.

106 PENHILL ROAD Sold Prices

Land registry data shows two sales for 106 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 106 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
2023 22 JUN	£475,000	£614,954	23% below HPI
2000 10 JUL	£135,950	£158,321	14% below HPI

106 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 106 PENHILL ROAD sales from July 2000 and June 2023 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 July 2000 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the June 2023 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 106 PENHILL ROAD?

106 PENHILL ROAD is 121m², which includes one extension, according to the EPC inspection conducted in December 2018. This puts it in the largest 40% of detached houses in Lancing, based on EPC data. The below chart shows the distribution of detached houses by size in Lancing, and where 106 PENHILL ROAD lies on this distribution: 68% of detached houses are smaller than 106 PENHILL ROAD, and 32% of houses are larger. Note that EPC data is not available for all properties in Lancing.

106 PENHILL ROAD: Plot and Title Map

106 PENHILL ROAD sits on a plot of roughly 0.090 of an acre, or 363m². The below map shows the location of 106 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 106 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 106 PENHILL ROAD?

106 PENHILL ROAD is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 106 on PENHILL ROAD.