37, RING ROAD, LANCING, BN15 0QF - £480,000

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.

37 RING ROAD is a large detached house of 126m², built sometime between 1950 and 1966, which could now be worth an estimated £609,753. It was last sold for £480,000 in March 2017, which was around 3% below the average March 2017 detached price in the Adur local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was D.

37 RING ROAD Sold Prices

Land registry data shows one sale for 37 RING ROAD 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
2017 3 MAR	£480,000	£493,943	3% below HPI

What might 37 RING ROAD be worth now?

37 RING ROAD might now be worth an estimated £609,753.

This is based on house price inflation of 27%, between March 2017 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 27% inflationary increase is applied to the most recent sale price for 37 RING ROAD of £480,000 on 3rd March 2017. For the value to have increased from £480,000 to £609,753 over the eight years and ten months to May 2026, the following assumptions must hold true:

• The value of 37 RING ROAD has moved in line with the HPI for detached houses in the Adur local authority area.
• The March 2017 sale price of £480,000 represented a fair market value for the property.
• The size, condition, and specification of 37 RING ROAD has not materially changed since March 2017.

How Large is 37 RING ROAD?

37 RING ROAD is 126m² according to the EPC inspection conducted in November 2016. This puts it in the largest 40% of detached houses in Lancing, based on EPC data. The below chart shows the distribution of detached houses by size in Lancing, and where 37 RING ROAD lies on this distribution: 68% of detached houses are smaller than 37 RING ROAD, and 31% of detached houses are larger. Note that EPC data is not available for all properties in Lancing.

37 RING ROAD: Plot

37 RING ROAD sits on a plot of roughly 0.112 of an acre, or 453m².

Where is 37 RING ROAD?

37 RING ROAD is located in LANCING, in the BN15 postcode district.