8, GRANTSMEAD, LANCING, BN15 0PG - £247,000

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.

8 GRANTSMEAD is a detached house, which could now be worth an estimated £550,623. It was last sold for £247,000 in July 2004, which was around 12% below the average July 2004 detached price in the Adur local authority area.

8 GRANTSMEAD Sold Prices

Land registry data shows two sales for 8 GRANTSMEAD 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 8 GRANTSMEAD sales was for below the average price, whilst the other was 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
2004 23 JUL	£247,000	£281,470	12% below HPI
1996 26 APR	£112,000	£86,847	29% above HPI

What might 8 GRANTSMEAD be worth now?

8 GRANTSMEAD might now be worth an estimated £550,623.

This is based on house price inflation of 122.9%, between July 2004 and May 2026, for detached 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 122.9% inflationary increase is applied to the most recent sale price for 8 GRANTSMEAD of £247,000 on 23rd July 2004. For the value to have increased from £247,000 to £550,623 over the 22 years and two months to May 2026, the following assumptions must hold true:

• The value of 8 GRANTSMEAD has moved in line with the HPI for detached houses in the Adur local authority area.
• The July 2004 sale price of £247,000 represented a fair market value for the property.
• The size, condition, and specification of 8 GRANTSMEAD has not materially changed since July 2004.

Where is 8 GRANTSMEAD?

8 GRANTSMEAD is located in LANCING, in the BN15 postcode district.