38, RING ROAD, LANCING, BN15 0QE - £455,000

38 RING ROAD is a very large extended detached house of 185m², built sometime between 1950 and 1966. It was last sold for £455,000 in December 2004, which was around 65% above the average December 2004 detached price in the Adur local authority area. The most recent EPC inspection was August 2019, where the current energy rating was B, and the potential energy rating was B.

38 RING ROAD Sold Prices

Land registry data shows two sales for 38 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 38 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
2004 20 DEC	£455,000	£275,386	65% above HPI
2003 14 FEB	£390,000	£223,893	74% above HPI

38 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 38 RING ROAD sales from February 2003 and December 2004 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 February 2003 sale was for 74% above the HPI. So the extrapolation line tracks at 74% above the HPI over time, until the December 2004 sale, where it falls to 65% above the HPI. The line then continues to track at 65% above the HPI.

How Large is 38 RING ROAD?

38 RING ROAD is 185m², which includes one extension, according to the EPC inspection conducted in August 2019. This puts it in the largest 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 38 RING ROAD lies on this distribution: 94% of detached houses are smaller than 38 RING ROAD, and 6% of houses are larger. Note that EPC data is not available for all properties in Lancing.

38 RING ROAD: Plot and Title Map

38 RING ROAD sits on a plot of roughly 0.205 of an acre, or 830m². The below map shows the location of 38 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 38 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 38 RING ROAD?

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