MEADOW SWEET, OLD SALTS FARM ROAD, LANCING, BN15 8JD - £260,000

MEADOW SWEET is a very large extended detached house of 164m², built sometime between 1983 and 1990. It was last sold for £260,000 in December 2010, which was around 15% below the average December 2010 detached price in the Adur local authority area. The most recent EPC inspection was March 2017, where the current energy rating was C, and the potential energy rating was B.

MEADOW SWEET Sold Prices

Land registry data shows two sales for MEADOW SWEET 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 MEADOW SWEET 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
2010 22 DEC	£260,000	£305,176	15% below HPI
2002 3 APR	£229,950	£196,344	17% above HPI

MEADOW SWEET 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 MEADOW SWEET sales from April 2002 and December 2010 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 April 2002 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the December 2010 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is MEADOW SWEET?

MEADOW SWEET is 164m², which includes one extension, according to the EPC inspection conducted in March 2017. 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 MEADOW SWEET lies on this distribution: 88% of detached houses are smaller than MEADOW SWEET, and 12% of houses are larger. Note that EPC data is not available for all properties in Lancing.

MEADOW SWEET: Plot and Title Map

MEADOW SWEET sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of MEADOW SWEET, 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 MEADOW SWEET). 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 MEADOW SWEET?

MEADOW SWEET is located on OLD SALTS FARM ROAD in LANCING, in the BN15 postcode district. The below map shows the position of MEADOW SWEET on OLD SALTS FARM ROAD.