5, GRINSTEAD LANE, LANCING, BN15 9DU - £230,000

5 GRINSTEAD LANE is a midsized detached house of 95m², built sometime between 1930 and 1949. It was last sold for £230,000 in March 2011, which was around 23% below the average March 2011 detached price in the Adur local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was C.

5 GRINSTEAD LANE Sold Prices

Land registry data shows two sales for 5 GRINSTEAD LANE 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 5 GRINSTEAD LANE 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
2011 1 MAR	£230,000	£299,145	23% below HPI
1997 10 FEB	£75,000	£90,797	17% below HPI

5 GRINSTEAD LANE 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 5 GRINSTEAD LANE sales from February 1997 and March 2011 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 1997 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the March 2011 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 5 GRINSTEAD LANE?

5 GRINSTEAD LANE is 95m² according to the EPC inspection conducted in July 2010. 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 5 GRINSTEAD LANE lies on this distribution: 43% of detached houses are smaller than 5 GRINSTEAD LANE, and 57% of houses are larger. Note that EPC data is not available for all properties in Lancing.

5 GRINSTEAD LANE: Plot and Title Map

5 GRINSTEAD LANE sits on a plot of roughly 0.116 of an acre, or 470m². The below map shows the location of 5 GRINSTEAD LANE, 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 5 GRINSTEAD LANE). 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 5 GRINSTEAD LANE?

5 GRINSTEAD LANE is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 5 on GRINSTEAD LANE.