46, PENSTONE PARK, LANCING, BN15 9AJ - £46,500

46 PENSTONE PARK is a very small extended detached house of 72m², built sometime between 1976 and 1982. It was last sold for £46,500 in October 1996, which was around 49% below the average October 1996 detached price in the Adur local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

46 PENSTONE PARK Sold Prices

Land registry data shows two sales for 46 PENSTONE PARK 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 46 PENSTONE PARK 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
1996 24 OCT	£46,500	£91,381	49% below HPI
1995 17 OCT	£48,000	£82,622	42% below HPI

46 PENSTONE PARK 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 46 PENSTONE PARK sales from October 1995 and October 1996 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 1995 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the October 1996 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 46 PENSTONE PARK?

46 PENSTONE PARK is 72m², which includes one extension, according to the EPC inspection conducted in August 2022. This puts it in the smallest 20% of detached houses in Lancing, based on EPC data. The below chart shows the distribution of detached houses by size in Lancing, and where 46 PENSTONE PARK lies on this distribution: 15% of detached houses are smaller than 46 PENSTONE PARK, and 83% of houses are larger. Note that EPC data is not available for all properties in Lancing.

46 PENSTONE PARK: Plot and Title Map

46 PENSTONE PARK sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 46 PENSTONE PARK, 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 46 PENSTONE PARK). 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 46 PENSTONE PARK?

46 PENSTONE PARK is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 46 on PENSTONE PARK.