2, THE DRIVE, LANCING, BN15 8PT - £200,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 THE DRIVE is a midsized detached house of 101m², built sometime between 1930 and 1949, which could now be worth an estimated £437,131. It was last sold for £200,000 in January 2006, which was around 30% below the average January 2006 detached price in the Adur local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was C.

2 THE DRIVE Sold Prices

Land registry data shows one sale for 2 THE DRIVE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Adur local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2006 16 JAN	£200,000	£287,083	30% below HPI

What might 2 THE DRIVE be worth now?

2 THE DRIVE might now be worth an estimated £437,131.

This is based on house price inflation of 118.6%, between January 2006 and May 2026, for detached houses, in the Adur local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 118.6% inflationary increase is applied to the most recent sale price for 2 THE DRIVE of £200,000 on 16th January 2006. For the value to have increased from £200,000 to £437,131 over the nineteen years and eight months to May 2026, the following assumptions must hold true:

• The value of 2 THE DRIVE has moved in line with the HPI for detached houses in the Adur local authority area.
• The January 2006 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE DRIVE has not materially changed since January 2006.

How Large is 2 THE DRIVE?

2 THE DRIVE is 101m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 50% of detached houses in Lancing, based on EPC data. The below chart shows the distribution of detached houses by size in Lancing, and where 2 THE DRIVE lies on this distribution: 47% of detached houses are smaller than 2 THE DRIVE, and 51% of detached houses are larger. Note that EPC data is not available for all properties in Lancing.

2 THE DRIVE: Plot

2 THE DRIVE sits on a plot of roughly 0.131 of an acre, or 532m².

Where is 2 THE DRIVE?

2 THE DRIVE is located in LANCING, in the BN15 postcode district.