13, ORIENT ROAD, LANCING, BN15 8JY - £153,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

13 ORIENT ROAD is a very small extended terraced house of 60m², built sometime between 1930 and 1949, which could now be worth an estimated £293,474. It was last sold for £153,000 in July 2011, which was around 18% below the average July 2011 terraced price in the Adur local authority area. The most recent EPC inspection was March 2011, where the current energy rating was C, and the potential energy rating was C.

13 ORIENT ROAD Sold Prices

Land registry data shows three sales for 13 ORIENT ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Adur local authority area for the corresponding sale date. All of the three 13 ORIENT 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
2011 12 JUL	£153,000	£187,575	18% below HPI
2006 8 DEC	£150,000	£182,568	18% below HPI
2003 14 JUL	£119,000	£139,882	15% below HPI

13 ORIENT ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Adur local authority area over time, sourced from the HPI. The three 13 ORIENT ROAD sales between July 2003 and July 2011 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 2006 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the July 2011 sale, which was also at 18% below the HPI.

What might 13 ORIENT ROAD be worth now?

13 ORIENT ROAD might now be worth an estimated £293,474.

This is based on house price inflation of 91.8%, between July 2011 and May 2026, for terraced houses, in the Adur local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 91.8% inflationary increase is applied to the most recent sale price for 13 ORIENT ROAD of £153,000 on 12th July 2011. For the value to have increased from £153,000 to £293,474 over the fifteen years and two months to May 2026, the following assumptions must hold true:

• The value of 13 ORIENT ROAD has moved in line with the HPI for terraced houses in the Adur local authority area.
• The July 2011 sale price of £153,000 represented a fair market value for the property.
• The size, condition, and specification of 13 ORIENT ROAD has not materially changed since July 2011.

How Large is 13 ORIENT ROAD?

13 ORIENT ROAD is 60m², which includes one extension, according to the EPC inspection conducted in March 2011. This puts it in the smallest 10% of terraced houses houses in Lancing, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Lancing, and where 13 ORIENT ROAD lies on this distribution: 3% of terraced houses houses are smaller than 13 ORIENT ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Lancing.

13 ORIENT ROAD: Plot and Title Map

13 ORIENT ROAD sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 13 ORIENT 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 13 ORIENT 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 13 ORIENT ROAD?

13 ORIENT ROAD is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 13 on ORIENT ROAD.