7, GRANTSMEAD, LANCING, BN15 0PG - £245,000

7 GRANTSMEAD is a large detached house of 113m², built sometime between 1976 and 1982. It was last sold for £245,000 in January 2006, which was around 8% below the average January 2006 detached price in the Adur local authority area. The most recent EPC inspection was February 2011, where the current energy rating was E, and the potential energy rating was C.

7 GRANTSMEAD Sold Prices

Land registry data shows three sales for 7 GRANTSMEAD 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. One of the three 7 GRANTSMEAD sales was for below the average price, whilst two were for above 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
2006 27 JAN	£245,000	£265,410	8% below HPI
2003 1 APR	£250,000	£235,543	6% above HPI
1997 17 NOV	£123,000	£108,373	13% above HPI

7 GRANTSMEAD 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 7 GRANTSMEAD sales between November 1997 and January 2006 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 April 2003 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the January 2006 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 7 GRANTSMEAD?

7 GRANTSMEAD is 113m² according to the EPC inspection conducted in February 2011. This puts it in the largest 40% of detached houses in Lancing, based on EPC data. The below chart shows the distribution of detached houses by size in Lancing, and where 7 GRANTSMEAD lies on this distribution: 61% of detached houses are smaller than 7 GRANTSMEAD, and 39% of houses are larger. Note that EPC data is not available for all properties in Lancing.

7 GRANTSMEAD: Plot and Title Map

7 GRANTSMEAD sits on a plot of roughly 0.078 of an acre, or 318m². The below map shows the location of 7 GRANTSMEAD, 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 7 GRANTSMEAD). 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 7 GRANTSMEAD?

7 GRANTSMEAD is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 7 on GRANTSMEAD.