BOATHOUSE, SHOPSDAM ROAD, LANCING, BN15 8ES - £625,000

BOATHOUSE is a very large detached house of 151m², built sometime between 1900 and 1929. It was last sold for £625,000 in June 2021, which was around 20% above the average June 2021 detached price in the Adur local authority area. The most recent EPC inspection was May 2015, where the current energy rating was E, and the potential energy rating was B.

BOATHOUSE Sold Prices

Land registry data shows three sales for BOATHOUSE 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. Two of the three BOATHOUSE sales were for above the average price, whilst one 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
2021 4 JUN	£625,000	£521,644	20% above HPI
2015 4 NOV	£435,000	£414,050	5% above HPI
2004 23 JUL	£150,000	£260,221	42% below HPI

BOATHOUSE 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 BOATHOUSE sales between July 2004 and June 2021 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 November 2015 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the June 2021 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is BOATHOUSE?

BOATHOUSE is 151m² according to the EPC inspection conducted in May 2015. This puts it in the largest 20% of detached houses in Lancing, based on EPC data. The below chart shows the distribution of detached houses by size in Lancing, and where BOATHOUSE lies on this distribution: 84% of detached houses are smaller than BOATHOUSE, and 16% of houses are larger. Note that EPC data is not available for all properties in Lancing.

BOATHOUSE: Plot and Title Map

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

BOATHOUSE is located on SHOPSDAM ROAD in LANCING, in the BN15 postcode district. The below map shows the position of BOATHOUSE on SHOPSDAM ROAD.