17, ORCHARD WAY, LANCING, BN15 9ED - £420,000

17 ORCHARD WAY is a very small extended detached house of 69m², built sometime between 1950 and 1966. It was last sold for £420,000 in August 2020, which was around 13% below the average August 2020 detached price in the Adur local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.

17 ORCHARD WAY Sold Prices

Land registry data shows two sales for 17 ORCHARD WAY 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 17 ORCHARD WAY 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
2020 28 AUG	£420,000	£482,149	13% below HPI
2015 30 APR	£240,000	£394,247	39% below HPI

17 ORCHARD WAY 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 17 ORCHARD WAY sales from April 2015 and August 2020 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 April 2015 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the August 2020 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 17 ORCHARD WAY?

17 ORCHARD WAY is 69m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the smallest 20% of detached houses in Lancing, based on EPC data. The below chart shows the distribution of detached houses by size in Lancing, and where 17 ORCHARD WAY lies on this distribution: 12% of detached houses are smaller than 17 ORCHARD WAY, and 87% of houses are larger. Note that EPC data is not available for all properties in Lancing.

17 ORCHARD WAY: Plot and Title Map

17 ORCHARD WAY sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 17 ORCHARD WAY, 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 17 ORCHARD WAY). 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 17 ORCHARD WAY?

17 ORCHARD WAY is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 17 on ORCHARD WAY.