31, THE DRIVE, LANCING, BN15 8PS - £385,000

31 THE DRIVE is a very small detached house of 64m², built sometime between 1967 and 1975. It was last sold for £385,000 in October 2023, which was around 37% below the average October 2023 detached price in the Adur local authority area. The most recent EPC inspection was April 2019, where the current energy rating was E, and the potential energy rating was B.

31 THE DRIVE Sold Prices

Land registry data shows two sales for 31 THE DRIVE 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 31 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
2023 11 OCT	£385,000	£608,455	37% below HPI
2004 13 OCT	£198,000	£277,675	29% below HPI

31 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 two 31 THE DRIVE sales from October 2004 and October 2023 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 October 2004 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the October 2023 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 31 THE DRIVE?

31 THE DRIVE is 64m² according to the EPC inspection conducted in April 2019. 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 THE DRIVE lies on this distribution: 6% of detached houses are smaller than 31 THE DRIVE, and 93% of houses are larger. Note that EPC data is not available for all properties in Lancing.

31 THE DRIVE: Plot and Title Map

31 THE DRIVE sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 31 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 31 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 31 THE DRIVE?

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