1, BOXGROVE CLOSE, LANCING, BN15 0QG - £475,000

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.

1 BOXGROVE CLOSE is a large detached house of 132m², built sometime between 1976 and 1982, which could now be worth an estimated £517,199. It was last sold for £475,000 in March 2021, which was around 14% below the average March 2021 detached price in the Adur local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was C.

1 BOXGROVE CLOSE Sold Prices

Land registry data shows two sales for 1 BOXGROVE CLOSE 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. Both of the two 1 BOXGROVE CLOSE 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
2021 5 MAR	£475,000	£550,292	14% below HPI
1999 23 SEP	£123,500	£137,302	10% below HPI

1 BOXGROVE CLOSE 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 1 BOXGROVE CLOSE sales from September 1999 and March 2021 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 September 1999 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the March 2021 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 1 BOXGROVE CLOSE be worth now?

1 BOXGROVE CLOSE might now be worth an estimated £517,199.

This is based on house price inflation of 8.9%, between March 2021 and March 2025, 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 8.9% inflationary increase is applied to the most recent sale price for 1 BOXGROVE CLOSE of £475,000 on 5th March 2021. For the value to have increased from £475,000 to £517,199 over the four years to March 2025, the following assumptions must hold true:

• The value of 1 BOXGROVE CLOSE has moved in line with the HPI for detached houses in the Adur local authority area.
• The March 2021 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of 1 BOXGROVE CLOSE has not materially changed since March 2021.

How Large is 1 BOXGROVE CLOSE?

1 BOXGROVE CLOSE is 132m² according to the EPC inspection conducted in August 2020. This puts it in the largest 30% of detached houses houses in Lancing, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lancing, and where 1 BOXGROVE CLOSE lies on this distribution: 74% of detached houses houses are smaller than 1 BOXGROVE CLOSE, and 24% of houses are larger. Note that EPC data is not available for all properties in Lancing.

1 BOXGROVE CLOSE: Plot and Title Map

1 BOXGROVE CLOSE sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of 1 BOXGROVE CLOSE, 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 1 BOXGROVE CLOSE). 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 1 BOXGROVE CLOSE?

1 BOXGROVE CLOSE is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 1 on BOXGROVE CLOSE.