15, ROSECROFT CLOSE, LANCING, BN15 9HL - £250,000

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 ROSECROFT CLOSE is a small extended semi-detached house of 78m², built sometime between 1950 and 1966, which could now be worth an estimated £392,996. It was last sold for £250,000 in March 2014, which was around 6% below the average March 2014 semi-detached price in the Adur local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was B.

15 ROSECROFT CLOSE Sold Prices

Land registry data shows two sales for 15 ROSECROFT CLOSE 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. Both of the two 15 ROSECROFT 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
2014 28 MAR	£250,000	£265,130	6% below HPI
2012 19 NOV	£195,000	£230,928	16% below HPI

15 ROSECROFT CLOSE 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 15 ROSECROFT CLOSE sales from November 2012 and March 2014 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 November 2012 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the March 2014 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 15 ROSECROFT CLOSE be worth now?

15 ROSECROFT CLOSE might now be worth an estimated £392,996.

This is based on house price inflation of 57.2%, between March 2014 and April 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 57.2% inflationary increase is applied to the most recent sale price for 15 ROSECROFT CLOSE of £250,000 on 28th March 2014. For the value to have increased from £250,000 to £392,996 over the eleven years and eleven months to April 2026, the following assumptions must hold true:

• The value of 15 ROSECROFT CLOSE has moved in line with the HPI for semi-detached houses in the Adur local authority area.
• The March 2014 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 15 ROSECROFT CLOSE has not materially changed since March 2014.

How Large is 15 ROSECROFT CLOSE?

15 ROSECROFT CLOSE is 78m², which includes one extension, according to the EPC inspection conducted in July 2012. This puts it in the smallest 30% 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 ROSECROFT CLOSE lies on this distribution: 23% of semi-detached houses houses are smaller than 15 ROSECROFT CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Lancing.

15 ROSECROFT CLOSE: Plot and Title Map

15 ROSECROFT CLOSE sits on a plot of roughly 0.113 of an acre, or 456m². The below map shows the location of 15 ROSECROFT 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 15 ROSECROFT 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 15 ROSECROFT CLOSE?

15 ROSECROFT CLOSE is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 15 on ROSECROFT CLOSE.