58, MILL ROAD, LANCING, BN15 0QA - £525,000

58 MILL ROAD is a very large extended detached house of 166m², built sometime between 1930 and 1949. It was last sold for £525,000 in August 2018, which was around 8% above the average August 2018 detached price in the Adur local authority area. The most recent EPC inspection was August 2014, where the current energy rating was E, and the potential energy rating was C.

58 MILL ROAD Sold Prices

Land registry data shows two sales for 58 MILL ROAD 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. One of the two 58 MILL ROAD sales was for above the average price, whilst the other was 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 3 AUG	£525,000	£484,198	8% above HPI
2005 24 FEB	£226,000	£259,424	13% below HPI

58 MILL 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 two 58 MILL ROAD sales from February 2005 and August 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 February 2005 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the August 2018 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 58 MILL ROAD?

58 MILL ROAD is 166m², which includes one extension, according to the EPC inspection conducted in August 2014. This puts it in the largest 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 58 MILL ROAD lies on this distribution: 89% of detached houses are smaller than 58 MILL ROAD, and 11% of houses are larger. Note that EPC data is not available for all properties in Lancing.

58 MILL ROAD: Plot and Title Map

58 MILL ROAD sits on a plot of roughly 0.133 of an acre, or 539m². The below map shows the location of 58 MILL 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 58 MILL 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 58 MILL ROAD?

58 MILL ROAD is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 58 on MILL ROAD.