48, CECIL ROAD, LANCING, BN15 8HP - £450,000

48 CECIL ROAD is a small detached house of 75m², built sometime between 1930 and 1949. It was last sold for £450,000 in September 2020, which was around 9% below the average September 2020 detached price in the Adur local authority area. The most recent EPC inspection was June 2014, where the current energy rating was E, and the potential energy rating was B.

48 CECIL ROAD Sold Prices

Land registry data shows four sales for 48 CECIL ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Adur local authority area for the corresponding sale date. All of the four 48 CECIL 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
2020 16 SEP	£450,000	£495,067	9% below HPI
2017 24 FEB	£315,500	£461,305	32% below HPI
2015 16 JAN	£248,000	£376,588	34% below HPI
2014 28 AUG	£234,500	£371,139	37% below HPI

48 CECIL 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 four 48 CECIL ROAD sales between August 2014 and September 2020 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 2017 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the September 2020 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 48 CECIL ROAD?

48 CECIL ROAD is 75m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 30% of detached houses in Lancing, based on EPC data. The below chart shows the distribution of detached houses by size in Lancing, and where 48 CECIL ROAD lies on this distribution: 20% of detached houses are smaller than 48 CECIL ROAD, and 78% of houses are larger. Note that EPC data is not available for all properties in Lancing.

48 CECIL ROAD: Plot and Title Map

48 CECIL ROAD sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 48 CECIL 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 48 CECIL 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 48 CECIL ROAD?

48 CECIL ROAD is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 48 on CECIL ROAD.