72, GRINSTEAD LANE, LANCING, BN15 9DZ - £590,000

72 GRINSTEAD LANE is a very large extended detached house of 183m², built sometime between 1930 and 1949. It was last sold for £590,000 in July 2020, which was around 24% above the average July 2020 detached price in the Adur local authority area. The most recent EPC inspection was September 2019, where the current energy rating was C, and the potential energy rating was B.

72 GRINSTEAD LANE Sold Prices

Land registry data shows two sales for 72 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. One of the two 72 GRINSTEAD LANE 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
2020 31 JUL	£590,000	£475,125	24% above HPI
2017 16 OCT	£340,000	£479,220	29% below HPI

72 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 72 GRINSTEAD LANE sales from October 2017 and July 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 October 2017 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the July 2020 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is 72 GRINSTEAD LANE?

72 GRINSTEAD LANE is 183m², which includes one extension, according to the EPC inspection conducted in September 2019. This puts it in the largest 10% of detached houses in Lancing, based on EPC data. The below chart shows the distribution of detached houses by size in Lancing, and where 72 GRINSTEAD LANE lies on this distribution: 94% of detached houses are smaller than 72 GRINSTEAD LANE, and 6% of houses are larger. Note that EPC data is not available for all properties in Lancing.

72 GRINSTEAD LANE: Plot and Title Map

72 GRINSTEAD LANE sits on a plot of roughly 0.175 of an acre, or 707m². The below map shows the location of 72 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 72 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 72 GRINSTEAD LANE?

72 GRINSTEAD LANE is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 72 on GRINSTEAD LANE.