123, SOMPTING ROAD, LANCING, BN15 9LH - £285,000

123 SOMPTING ROAD is a very small extended detached house of 60m², built sometime between 1930 and 1949. It was last sold for £285,000 in January 2018, which was around 41% below the average January 2018 detached price in the Adur local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was B.

123 SOMPTING ROAD Sold Prices

Land registry data shows three sales for 123 SOMPTING ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Adur local authority area for the corresponding sale date. All of the three 123 SOMPTING 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
2018 19 JAN	£285,000	£481,765	41% below HPI
2012 19 DEC	£205,000	£311,538	34% below HPI
2010 18 OCT	£167,000	£312,543	47% below HPI

123 SOMPTING 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 three 123 SOMPTING ROAD sales between October 2010 and January 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 December 2012 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the January 2018 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 123 SOMPTING ROAD?

123 SOMPTING ROAD is 60m², which includes one extension, according to the EPC inspection conducted in April 2017. This puts it in the smallest 10% of detached houses in Lancing, based on EPC data. The below chart shows the distribution of detached houses by size in Lancing, and where 123 SOMPTING ROAD lies on this distribution: 3% of detached houses are smaller than 123 SOMPTING ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Lancing.

123 SOMPTING ROAD: Plot and Title Map

123 SOMPTING ROAD sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 123 SOMPTING 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 123 SOMPTING 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 123 SOMPTING ROAD?

123 SOMPTING ROAD is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 123 on SOMPTING ROAD.