38, LECONFIELD ROAD, LANCING, BN15 9JB - £260,000

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.

38 LECONFIELD ROAD is a very small terraced house of 69m², built sometime between 1950 and 1966, which could now be worth an estimated £312,693. It was last sold for £260,000 in August 2019, which was around 13% below the average August 2019 terraced price in the Adur local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was B.

38 LECONFIELD ROAD Sold Prices

Land registry data shows two sales for 38 LECONFIELD ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Adur local authority area for the corresponding sale date. Both of the two 38 LECONFIELD ROAD 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
2019 20 AUG	£260,000	£299,163	13% below HPI
1998 22 OCT	£64,000	£65,712	3% below HPI

38 LECONFIELD ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Adur local authority area over time, sourced from the HPI. The two 38 LECONFIELD ROAD sales from October 1998 and August 2019 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 1998 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the August 2019 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 38 LECONFIELD ROAD be worth now?

38 LECONFIELD ROAD might now be worth an estimated £312,693.

This is based on house price inflation of 20.3%, between August 2019 and May 2026, for terraced 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 20.3% inflationary increase is applied to the most recent sale price for 38 LECONFIELD ROAD of £260,000 on 20th August 2019. For the value to have increased from £260,000 to £312,693 over the seven years and three months to May 2026, the following assumptions must hold true:

• The value of 38 LECONFIELD ROAD has moved in line with the HPI for terraced houses in the Adur local authority area.
• The August 2019 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 38 LECONFIELD ROAD has not materially changed since August 2019.

How Large is 38 LECONFIELD ROAD?

38 LECONFIELD ROAD is 69m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 20% of terraced houses houses in Lancing, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Lancing, and where 38 LECONFIELD ROAD lies on this distribution: 11% of terraced houses houses are smaller than 38 LECONFIELD ROAD, and 88% of houses are larger. Note that EPC data is not available for all properties in Lancing.

38 LECONFIELD ROAD: Plot and Title Map

38 LECONFIELD ROAD sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of 38 LECONFIELD 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 38 LECONFIELD 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 38 LECONFIELD ROAD?

38 LECONFIELD ROAD is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 38 on LECONFIELD ROAD.