77, TEST ROAD, SOMPTING, LANCING, BN15 0EP - £196,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

77 TEST ROAD is a small terraced house of 84m², built sometime between 1967 and 1975, which could now be worth an estimated £315,395. It was last sold for £196,000 in May 2014, which was around 12% below the average May 2014 terraced price in the Adur local authority area. The most recent EPC inspection was May 2010, where the current energy rating was E, and the potential energy rating was D.

77 TEST ROAD Sold Prices

Land registry data shows three sales for 77 TEST ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Adur local authority area for the corresponding sale date. All of the three 77 TEST ROAD 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
2014 23 MAY	£196,000	£223,591	12% below HPI
2010 6 AUG	£175,000	£196,967	11% below HPI
2003 26 AUG	£136,000	£140,830	3% below HPI

77 TEST ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Adur local authority area over time, sourced from the HPI. The three 77 TEST ROAD sales between August 2003 and May 2014 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 August 2010 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the May 2014 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 77 TEST ROAD be worth now?

77 TEST ROAD might now be worth an estimated £315,395.

This is based on house price inflation of 60.9%, between May 2014 and May 2026, for terraced houses, in the Adur local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 60.9% inflationary increase is applied to the most recent sale price for 77 TEST ROAD of £196,000 on 23rd May 2014. For the value to have increased from £196,000 to £315,395 over the twelve years to May 2026, the following assumptions must hold true:

• The value of 77 TEST ROAD has moved in line with the HPI for terraced houses in the Adur local authority area.
• The May 2014 sale price of £196,000 represented a fair market value for the property.
• The size, condition, and specification of 77 TEST ROAD has not materially changed since May 2014.

How Large is 77 TEST ROAD?

77 TEST ROAD is 84m² according to the EPC inspection conducted in May 2010. This puts it in the smallest 40% of terraced houses houses in Sompting, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Sompting, and where 77 TEST ROAD lies on this distribution: 39% of terraced houses houses are smaller than 77 TEST ROAD, and 59% of houses are larger. Note that EPC data is not available for all properties in Sompting.

77 TEST ROAD: Plot and Title Map

77 TEST ROAD sits on a plot of roughly 0.039 of an acre, or 156m². The below map shows the location of 77 TEST 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 77 TEST 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 77 TEST ROAD?

77 TEST ROAD is located in SOMPTING, in the BN15 postcode district. The below map shows the position of No. 77 on TEST ROAD.