44, GREET ROAD, LANCING, BN15 9NS - £200,000

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.

44 GREET ROAD is a small semi-detached house of 94m², built sometime between 1950 and 1966, which could now be worth an estimated £254,546. It was last sold for £200,000 in April 2018, which was around 43% below the average April 2018 semi-detached price in the Adur local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was B.

44 GREET ROAD Sold Prices

Land registry data shows three sales for 44 GREET ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Adur local authority area for the corresponding sale date. All of the three 44 GREET 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
2018 5 APR	£200,000	£349,803	43% below HPI
2007 25 SEP	£240,000	£242,861	1% below HPI
2002 24 APR	£130,000	£139,060	7% below HPI

44 GREET ROAD 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 three 44 GREET ROAD sales between April 2002 and April 2018 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 2007 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the April 2018 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might 44 GREET ROAD be worth now?

44 GREET ROAD might now be worth an estimated £254,546.

This is based on house price inflation of 27.3%, between April 2018 and July 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 27.3% inflationary increase is applied to the most recent sale price for 44 GREET ROAD of £200,000 on 5th April 2018. For the value to have increased from £200,000 to £254,546 over the seven years and nine months to July 2026, the following assumptions must hold true:

• The value of 44 GREET ROAD has moved in line with the HPI for semi-detached houses in the Adur local authority area.
• The April 2018 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 44 GREET ROAD has not materially changed since April 2018.

How Large is 44 GREET ROAD?

44 GREET ROAD is 94m² according to the EPC inspection conducted in January 2018. 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 GREET ROAD lies on this distribution: 40% of semi-detached houses houses are smaller than 44 GREET ROAD, and 60% of houses are larger. Note that EPC data is not available for all properties in Lancing.

44 GREET ROAD: Plot and Title Map

44 GREET ROAD sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 44 GREET 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 44 GREET 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 44 GREET ROAD?

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