42, TOWER ROAD, LANCING, BN15 9HT - £280,000

42 TOWER ROAD is a small detached house of 89m², built sometime between 1930 and 1949. It was last sold for £280,000 in February 2017, which was around 39% below the average February 2017 detached price in the Adur local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was C.

42 TOWER ROAD Sold Prices

Land registry data shows three sales for 42 TOWER ROAD 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 42 TOWER 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
2017 6 FEB	£280,000	£461,305	39% below HPI
2011 13 SEP	£181,000	£310,229	42% below HPI
2008 25 FEB	£215,000	£324,147	34% below HPI

42 TOWER 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 three 42 TOWER ROAD sales between February 2008 and February 2017 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 September 2011 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the February 2017 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 42 TOWER ROAD?

42 TOWER ROAD is 89m² according to the EPC inspection conducted in February 2011. This puts it in the smallest 40% of detached houses in Lancing, based on EPC data. The below chart shows the distribution of detached houses by size in Lancing, and where 42 TOWER ROAD lies on this distribution: 39% of detached houses are smaller than 42 TOWER ROAD, and 61% of houses are larger. Note that EPC data is not available for all properties in Lancing.

42 TOWER ROAD: Plot and Title Map

42 TOWER ROAD sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of 42 TOWER 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 42 TOWER 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 42 TOWER ROAD?

42 TOWER ROAD is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 42 on TOWER ROAD.