2, GREENOAKS, LANCING, BN15 0HN - £417,000

2 GREENOAKS is a midsized detached house of 98m², built sometime between 1950 and 1966. It was last sold for £417,000 in August 2018, which was around 14% below the average August 2018 detached price in the Adur local authority area. The most recent EPC inspection was December 2017, where the current energy rating was C, and the potential energy rating was B.

2 GREENOAKS Sold Prices

Land registry data shows two sales for 2 GREENOAKS 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 2 GREENOAKS 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 13 AUG	£417,000	£484,198	14% below HPI
2017 31 JUL	£300,000	£477,271	37% below HPI

2 GREENOAKS 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 2 GREENOAKS sales from July 2017 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 2017 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the August 2018 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 2 GREENOAKS?

2 GREENOAKS is 98m² according to the EPC inspection conducted in December 2017. This puts it in the smallest 50% of detached houses in Lancing, based on EPC data. The below chart shows the distribution of detached houses by size in Lancing, and where 2 GREENOAKS lies on this distribution: 46% of detached houses are smaller than 2 GREENOAKS, and 52% of houses are larger. Note that EPC data is not available for all properties in Lancing.

2 GREENOAKS: Plot and Title Map

2 GREENOAKS sits on a plot of roughly 0.103 of an acre, or 415m². The below map shows the location of 2 GREENOAKS, 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 2 GREENOAKS). 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 2 GREENOAKS?

2 GREENOAKS is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 2 on GREENOAKS.