113, CRABTREE LANE, LANCING, BN15 9NH - £400,000

113 CRABTREE LANE is a large semi-detached house of 128m², built sometime between 1950 and 1966. It was last sold for £400,000 in August 2018, which was around 17% below the average August 2018 detached price in the Adur local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was C.

113 CRABTREE LANE Sold Prices

Land registry data shows four sales for 113 CRABTREE LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Adur local authority area for the corresponding sale date. All of the four 113 CRABTREE LANE 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
2018 22 AUG	£400,000	£484,198	17% below HPI
2013 16 JUL	£290,000	£318,826	9% below HPI
2006 28 APR	£249,950	£269,971	7% below HPI
2005 9 MAY	£151,005	£268,621	44% below HPI

113 CRABTREE LANE 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 four 113 CRABTREE LANE sales between May 2005 and August 2018 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 2013 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the August 2018 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 113 CRABTREE LANE?

113 CRABTREE LANE is 128m² according to the EPC inspection conducted in January 2013. This puts it in the largest 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 113 CRABTREE LANE lies on this distribution: 72% of detached houses are smaller than 113 CRABTREE LANE, and 28% of houses are larger. Note that EPC data is not available for all properties in Lancing.

113 CRABTREE LANE: Plot and Title Map

113 CRABTREE LANE sits on a plot of roughly 0.080 of an acre, or 322m². The below map shows the location of 113 CRABTREE LANE, 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 113 CRABTREE LANE). 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 113 CRABTREE LANE?

113 CRABTREE LANE is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 113 on CRABTREE LANE.