LITTLE FINCHES, ELM GROVE, LANCING, BN15 8PD - £309,000

LITTLE FINCHES is a very small detached house of 72m², built sometime between 1976 and 1982. It was last sold for £309,000 in December 2018, which was around 37% below the average December 2018 detached price in the Adur local authority area. The most recent EPC inspection was March 2009, where the current energy rating was D, and the potential energy rating was C.

LITTLE FINCHES Sold Prices

Land registry data shows four sales for LITTLE FINCHES since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Adur local authority area for the corresponding sale date. All of the four LITTLE FINCHES 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
2018 17 DEC	£309,000	£487,665	37% below HPI
2013 10 DEC	£238,000	£338,209	30% below HPI
2008 9 MAY	£230,000	£319,014	28% below HPI
2003 31 JAN	£175,000	£225,517	22% below HPI

LITTLE FINCHES 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 four LITTLE FINCHES sales between January 2003 and December 2018 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 December 2013 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the December 2018 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is LITTLE FINCHES?

LITTLE FINCHES is 72m² according to the EPC inspection conducted in March 2009. This puts it in the smallest 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 LITTLE FINCHES lies on this distribution: 17% of detached houses are smaller than LITTLE FINCHES, and 83% of houses are larger. Note that EPC data is not available for all properties in Lancing.

LITTLE FINCHES: Plot and Title Map

LITTLE FINCHES sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of LITTLE FINCHES, 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 LITTLE FINCHES). 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 LITTLE FINCHES?

LITTLE FINCHES is located on ELM GROVE in LANCING, in the BN15 postcode district. The below map shows the position of LITTLE FINCHES on ELM GROVE.