24, RING ROAD, LANCING, BN15 0QE - £650,000

24 RING ROAD is a very large extended detached house of 147m², built sometime between 1950 and 1966. It was last sold for £650,000 in October 2020, which was around 29% above the average October 2020 detached price in the Adur local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was C.

24 RING ROAD Sold Prices

Land registry data shows two sales for 24 RING ROAD 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 24 RING ROAD sales were for above 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 23 OCT	£650,000	£504,059	29% above HPI
2003 14 MAR	£250,000	£235,166	6% above HPI

24 RING 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 two 24 RING ROAD sales from March 2003 and October 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 March 2003 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the October 2020 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is 24 RING ROAD?

24 RING ROAD is 147m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the largest 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 24 RING ROAD lies on this distribution: 83% of detached houses are smaller than 24 RING ROAD, and 17% of houses are larger. Note that EPC data is not available for all properties in Lancing.

24 RING ROAD: Plot and Title Map

24 RING ROAD sits on a plot of roughly 0.190 of an acre, or 770m². The below map shows the location of 24 RING 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 24 RING 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 24 RING ROAD?

24 RING ROAD is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 24 on RING ROAD.