44, ELMS DRIVE, LANCING, BN15 9LJ - £418,250

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.

44 ELMS DRIVE is a small extended semi-detached house of 88m², built sometime between 1930 and 1949, which could now be worth an estimated £452,461. It was last sold for £418,250 in December 2021, which was around 3% above the average December 2021 semi-detached price in the Adur local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

44 ELMS DRIVE Sold Prices

Land registry data shows five sales for 44 ELMS DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Adur local authority area for the corresponding sale date. Most of the five 44 ELMS DRIVE 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
2021 20 DEC	£418,250	£404,253	3% above HPI
2021 29 SEP	£342,000	£400,967	15% below HPI
2006 31 MAR	£235,950	£201,348	17% above HPI
2004 25 MAR	£198,000	£181,023	9% above HPI
1999 20 APR	£73,500	£85,003	14% below HPI

44 ELMS DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Adur local authority area over time, sourced from the HPI. The five 44 ELMS DRIVE sales between April 1999 and December 2021 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 2021 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the December 2021 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 44 ELMS DRIVE be worth now?

44 ELMS DRIVE might now be worth an estimated £452,461.

This is based on house price inflation of 8.2%, between December 2021 and May 2026, for semi-detached 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 8.2% inflationary increase is applied to the most recent sale price for 44 ELMS DRIVE of £418,250 on 20th December 2021. For the value to have increased from £418,250 to £452,461 over the five years and seven months to May 2026, the following assumptions must hold true:

• The value of 44 ELMS DRIVE has moved in line with the HPI for semi-detached houses in the Adur local authority area.
• The December 2021 sale price of £418,250 represented a fair market value for the property.
• The size, condition, and specification of 44 ELMS DRIVE has not materially changed since December 2021.

How Large is 44 ELMS DRIVE?

44 ELMS DRIVE is 88m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the smallest 40% of semi-detached houses houses in Lancing, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Lancing, and where 44 ELMS DRIVE lies on this distribution: 36% of semi-detached houses houses are smaller than 44 ELMS DRIVE, and 63% of houses are larger. Note that EPC data is not available for all properties in Lancing.

44 ELMS DRIVE: Plot and Title Map

44 ELMS DRIVE sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 44 ELMS 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 44 ELMS 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 44 ELMS DRIVE?

44 ELMS DRIVE is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 44 on ELMS DRIVE.