31, FINCHES CLOSE, LANCING, BN15 8PR - £300,500

31 FINCHES CLOSE is a very small detached house of 61m², built sometime between 1950 and 1966. It was last sold for £300,500 in July 2018, which was around 38% below the average July 2018 detached price in the Adur local authority area. The most recent EPC inspection was December 2017, where the current energy rating was D, and the potential energy rating was B.

31 FINCHES CLOSE Sold Prices

Land registry data shows four sales for 31 FINCHES CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Adur local authority area for the corresponding sale date. All of the four 31 FINCHES CLOSE 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 6 JUL	£300,500	£486,067	38% below HPI
2002 18 DEC	£167,000	£218,010	23% below HPI
1998 6 NOV	£85,000	£117,033	27% below HPI
1995 17 MAR	£56,995	£86,387	34% below HPI

31 FINCHES CLOSE 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 four 31 FINCHES CLOSE sales between March 1995 and July 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 December 2002 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the July 2018 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 31 FINCHES CLOSE?

31 FINCHES CLOSE is 61m² according to the EPC inspection conducted in December 2017. This puts it in the smallest 10% of detached houses in Lancing, based on EPC data. The below chart shows the distribution of detached houses by size in Lancing, and where 31 FINCHES CLOSE lies on this distribution: 4% of detached houses are smaller than 31 FINCHES CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Lancing.

31 FINCHES CLOSE: Plot and Title Map

31 FINCHES CLOSE sits on a plot of roughly 0.050 of an acre, or 201m². The below map shows the location of 31 FINCHES CLOSE, 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 31 FINCHES CLOSE). 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 31 FINCHES CLOSE?

31 FINCHES CLOSE is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 31 on FINCHES CLOSE.