MALTHOUSE COTTAGE, OLD SHOREHAM ROAD, LANCING, BN15 0QS - £469,000

MALTHOUSE COTTAGE is a very large extended detached house of 150m², built sometime before 1900. It was last sold for £469,000 in February 2016, which was around 8% above the average February 2016 detached price in the Adur local authority area. The most recent EPC inspection was July 2011, where the current energy rating was E, and the potential energy rating was E.

MALTHOUSE COTTAGE Sold Prices

Land registry data shows three sales for MALTHOUSE COTTAGE 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. All of the three MALTHOUSE COTTAGE sales were 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 11 FEB	£469,000	£434,293	8% above HPI
2013 30 OCT	£344,000	£330,594	4% above HPI
2005 5 AUG	£278,500	£267,487	4% above HPI

MALTHOUSE COTTAGE 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 MALTHOUSE COTTAGE sales between August 2005 and February 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 October 2013 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the February 2016 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is MALTHOUSE COTTAGE?

MALTHOUSE COTTAGE is 150m², which includes three extensions, according to the EPC inspection conducted in July 2011. 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 MALTHOUSE COTTAGE lies on this distribution: 84% of detached houses are smaller than MALTHOUSE COTTAGE, and 16% of houses are larger. Note that EPC data is not available for all properties in Lancing.

MALTHOUSE COTTAGE: Plot and Title Map

MALTHOUSE COTTAGE sits on a plot of roughly 0.195 of an acre, or 788m². The below map shows the location of MALTHOUSE COTTAGE, 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 MALTHOUSE COTTAGE). 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 MALTHOUSE COTTAGE?

MALTHOUSE COTTAGE is located on OLD SHOREHAM ROAD in LANCING, in the BN15 postcode district. The below map shows the position of MALTHOUSE COTTAGE on OLD SHOREHAM ROAD.