30, THE DRIVE, LANCING, BN15 8PS - £335,000

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.

30 THE DRIVE is a very small detached house of 63m², built sometime between 1950 and 1966, which could now be worth an estimated £339,630. It was last sold for £335,000 in November 2021, which was around 44% below the average November 2021 detached price in the Adur local authority area. The most recent EPC inspection was April 2021, where the current energy rating was E, and the potential energy rating was C.

30 THE DRIVE Sold Prices

Land registry data shows three sales for 30 THE DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Adur local authority area for the corresponding sale date. All of the three 30 THE DRIVE 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
2021 15 NOV	£335,000	£593,184	44% below HPI
2005 1 MAR	£225,000	£284,616	21% below HPI
1997 22 SEP	£68,000	£114,194	40% below HPI

30 THE DRIVE 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 three 30 THE DRIVE sales between September 1997 and November 2021 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 2005 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the November 2021 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

What might 30 THE DRIVE be worth now?

30 THE DRIVE might now be worth an estimated £339,630.

This is based on house price inflation of 1.4%, between November 2021 and April 2026, for detached 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 1.4% inflationary increase is applied to the most recent sale price for 30 THE DRIVE of £335,000 on 15th November 2021. For the value to have increased from £335,000 to £339,630 over the five years and seven months to April 2026, the following assumptions must hold true:

• The value of 30 THE DRIVE has moved in line with the HPI for detached houses in the Adur local authority area.
• The November 2021 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of 30 THE DRIVE has not materially changed since November 2021.

How Large is 30 THE DRIVE?

30 THE DRIVE is 63m² according to the EPC inspection conducted in April 2021. This puts it in the smallest 10% of detached houses houses in Lancing, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lancing, and where 30 THE DRIVE lies on this distribution: 5% of detached houses houses are smaller than 30 THE DRIVE, and 94% of houses are larger. Note that EPC data is not available for all properties in Lancing.

30 THE DRIVE: Plot and Title Map

30 THE DRIVE sits on a plot of roughly 0.091 of an acre, or 367m². The below map shows the location of 30 THE DRIVE, 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 30 THE DRIVE). 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 30 THE DRIVE?

30 THE DRIVE is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 30 on THE DRIVE.