15, MASH BARN LANE, LANCING, BN15 9EE - £361,000

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.

15 MASH BARN LANE is a midsized extended semi-detached house of 97m², built sometime between 1967 and 1975, which could now be worth an estimated £444,300. It was last sold for £361,000 in March 2018, which was around 2% above the average March 2018 semi-detached price in the Adur local authority area. The most recent EPC inspection was December 2017, where the current energy rating was D, and the potential energy rating was C.

15 MASH BARN LANE Sold Prices

Land registry data shows three sales for 15 MASH BARN LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Adur local authority area for the corresponding sale date. One of the three 15 MASH BARN LANE sales was for above the average price, whilst two 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
2018 23 MAR	£361,000	£355,328	2% above HPI
2006 1 AUG	£198,000	£211,935	7% below HPI
2000 16 JUN	£104,950	£113,212	7% below HPI

15 MASH BARN 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 three 15 MASH BARN LANE sales between June 2000 and March 2018 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 2006 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the March 2018 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 15 MASH BARN LANE be worth now?

15 MASH BARN LANE might now be worth an estimated £444,300.

This is based on house price inflation of 23.1%, between March 2018 and May 2026, 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 23.1% inflationary increase is applied to the most recent sale price for 15 MASH BARN LANE of £361,000 on 23rd March 2018. For the value to have increased from £361,000 to £444,300 over the seven years and ten months to May 2026, the following assumptions must hold true:

• The value of 15 MASH BARN LANE has moved in line with the HPI for semi-detached houses in the Adur local authority area.
• The March 2018 sale price of £361,000 represented a fair market value for the property.
• The size, condition, and specification of 15 MASH BARN LANE has not materially changed since March 2018.

How Large is 15 MASH BARN LANE?

15 MASH BARN LANE is 97m², which includes one extension, according to the EPC inspection conducted in December 2017. This puts it in the smallest 50% of semi-detached houses houses in Lancing, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Lancing, and where 15 MASH BARN LANE lies on this distribution: 43% of semi-detached houses houses are smaller than 15 MASH BARN LANE, and 56% of houses are larger. Note that EPC data is not available for all properties in Lancing.

15 MASH BARN LANE: Plot and Title Map

15 MASH BARN LANE sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 15 MASH BARN 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 15 MASH BARN 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 15 MASH BARN LANE?

15 MASH BARN LANE is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 15 on MASH BARN LANE.