49, THE PADDOCKS, LANCING, BN15 8DW - £245,000

49 THE PADDOCKS is a midsized extended detached house of 98m², built sometime between 1950 and 1966. It was last sold for £245,000 in September 2013, which was around 26% below the average September 2013 detached price in the Adur local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was B.

49 THE PADDOCKS Sold Prices

Land registry data shows three sales for 49 THE PADDOCKS 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 49 THE PADDOCKS 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
2013 10 SEP	£245,000	£329,870	26% below HPI
2007 5 OCT	£245,000	£323,076	24% below HPI
1998 27 AUG	£98,500	£116,116	15% below HPI

49 THE PADDOCKS 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 49 THE PADDOCKS sales between August 1998 and September 2013 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 2007 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the September 2013 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 49 THE PADDOCKS?

49 THE PADDOCKS is 98m², which includes one extension, according to the EPC inspection conducted in March 2013. This puts it in the smallest 50% of detached houses in Lancing, based on EPC data. The below chart shows the distribution of detached houses by size in Lancing, and where 49 THE PADDOCKS lies on this distribution: 46% of detached houses are smaller than 49 THE PADDOCKS, and 52% of houses are larger. Note that EPC data is not available for all properties in Lancing.

49 THE PADDOCKS: Plot and Title Map

49 THE PADDOCKS sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 49 THE PADDOCKS, 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 49 THE PADDOCKS). 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 49 THE PADDOCKS?

49 THE PADDOCKS is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 49 on THE PADDOCKS.