8, RING ROAD, LANCING, BN15 0QF - £443,000

8 RING ROAD is a large extended detached house of 116m², built sometime between 1930 and 1949. It was last sold for £443,000 in April 2016, which was about the average April 2016 detached price in the Adur local authority area. The most recent EPC inspection was June 2013, where the current energy rating was E, and the potential energy rating was C.

8 RING ROAD Sold Prices

Land registry data shows two sales for 8 RING 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 8 RING ROAD sales was roughly equal to 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
2016 28 APR	£443,000	£441,596	Close to HPI
2001 7 SEP	£202,500	£180,796	12% above HPI

8 RING 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 8 RING ROAD sales from September 2001 and April 2016 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 September 2001 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the April 2016 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 8 RING ROAD?

8 RING ROAD is 116m², which includes one extension, according to the EPC inspection conducted in June 2013. 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 8 RING ROAD lies on this distribution: 63% of detached houses are smaller than 8 RING ROAD, and 36% of houses are larger. Note that EPC data is not available for all properties in Lancing.

8 RING ROAD: Plot and Title Map

8 RING ROAD sits on a plot of roughly 0.149 of an acre, or 602m². The below map shows the location of 8 RING 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 8 RING 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 8 RING ROAD?

8 RING ROAD is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 8 on RING ROAD.