15, SOUTH STREET, LANCING, BN15 8AE - £340,000

15 SOUTH STREET is a large extended detached house of 117m², built sometime between 1930 and 1949. It was last sold for £340,000 in February 2022, which was around 41% below the average February 2022 detached price in the Adur local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was B.

15 SOUTH STREET Sold Prices

Land registry data shows two sales for 15 SOUTH STREET 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 15 SOUTH STREET 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
2022 25 FEB	£340,000	£574,519	41% below HPI
1996 3 MAY	£55,000	£83,274	34% below HPI

15 SOUTH STREET 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 15 SOUTH STREET sales from May 1996 and February 2022 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 May 1996 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the February 2022 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 15 SOUTH STREET?

15 SOUTH STREET is 117m², which includes two extensions, according to the EPC inspection conducted in January 2023. 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 15 SOUTH STREET lies on this distribution: 64% of detached houses are smaller than 15 SOUTH STREET, and 35% of houses are larger. Note that EPC data is not available for all properties in Lancing.

15 SOUTH STREET: Plot and Title Map

15 SOUTH STREET sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 15 SOUTH STREET, 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 15 SOUTH STREET). 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 15 SOUTH STREET?

15 SOUTH STREET is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 15 on SOUTH STREET.