12, LOOSE LANE, SOMPTING, LANCING, BN15 0BG - £80,000

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.

12 LOOSE LANE is a midsized extended semi-detached house of 92m², built sometime between 1967 and 1975, which could now be worth an estimated £405,708. It was last sold for £80,000 in September 1998, which was around 3% below the average September 1998 semi-detached price in the Adur local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was C.

12 LOOSE LANE Sold Prices

Land registry data shows two sales for 12 LOOSE LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Adur local authority area for the corresponding sale date. One of the two 12 LOOSE LANE 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
1998 22 SEP	£80,000	£82,792	3% below HPI
1996 2 AUG	£73,000	£62,252	17% above HPI

12 LOOSE LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Adur local authority area over time, sourced from the HPI. The two 12 LOOSE LANE sales from August 1996 and September 1998 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 August 1996 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the September 1998 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 12 LOOSE LANE be worth now?

12 LOOSE LANE might now be worth an estimated £405,708.

This is based on house price inflation of 407.1%, between September 1998 and March 2025, for semi-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 407.1% inflationary increase is applied to the most recent sale price for 12 LOOSE LANE of £80,000 on 22nd September 1998. For the value to have increased from £80,000 to £405,708 over the 27 years and six months to March 2025, the following assumptions must hold true:

• The value of 12 LOOSE LANE has moved in line with the HPI for semi-detached houses in the Adur local authority area.
• The September 1998 sale price of £80,000 represented a fair market value for the property.
• The size, condition, and specification of 12 LOOSE LANE has not materially changed since September 1998.

How Large is 12 LOOSE LANE?

12 LOOSE LANE is 92m², which includes one extension, according to the EPC inspection conducted in April 2011. This puts it in the largest 50% of semi-detached houses houses in Sompting, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Sompting, and where 12 LOOSE LANE lies on this distribution: 53% of semi-detached houses houses are smaller than 12 LOOSE LANE, and 47% of houses are larger. Note that EPC data is not available for all properties in Sompting.

12 LOOSE LANE: Plot and Title Map

12 LOOSE LANE sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 12 LOOSE LANE, 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 12 LOOSE LANE). 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 12 LOOSE LANE?

12 LOOSE LANE is located in SOMPTING, in the BN15 postcode district. The below map shows the position of No. 12 on LOOSE LANE.