2, ROSECROFT CLOSE, LANCING, BN15 9HL - £249,950

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.

2 ROSECROFT CLOSE is a very small detached house of 48m², built sometime between 1950 and 1966, which could now be worth an estimated £430,140. It was last sold for £249,950 in October 2007, which was around 28% below the average October 2007 detached price in the Adur local authority area. The most recent EPC inspection was April 2014, where the current energy rating was E, and the potential energy rating was B.

2 ROSECROFT CLOSE Sold Prices

Land registry data shows two sales for 2 ROSECROFT 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 2 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
2007 5 OCT	£249,950	£349,457	28% below HPI
2002 19 AUG	£164,950	£239,433	31% below HPI

2 ROSECROFT 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 2 ROSECROFT CLOSE sales from August 2002 and October 2007 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 2002 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the October 2007 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 2 ROSECROFT CLOSE be worth now?

2 ROSECROFT CLOSE might now be worth an estimated £430,140.

This is based on house price inflation of 72.1%, between October 2007 and April 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 72.1% inflationary increase is applied to the most recent sale price for 2 ROSECROFT CLOSE of £249,950 on 5th October 2007. For the value to have increased from £249,950 to £430,140 over the nineteen years and six months to April 2026, the following assumptions must hold true:

• The value of 2 ROSECROFT CLOSE has moved in line with the HPI for detached houses in the Adur local authority area.
• The October 2007 sale price of £249,950 represented a fair market value for the property.
• The size, condition, and specification of 2 ROSECROFT CLOSE has not materially changed since October 2007.

How Large is 2 ROSECROFT CLOSE?

2 ROSECROFT CLOSE is 48m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 10% 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 2 ROSECROFT CLOSE lies on this distribution: Less than 1% of detached houses houses are smaller than 2 ROSECROFT CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Lancing.

2 ROSECROFT CLOSE: Plot and Title Map

2 ROSECROFT CLOSE sits on a plot of roughly 0.100 of an acre, or 404m². The below map shows the location of 2 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 2 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 2 ROSECROFT CLOSE?

2 ROSECROFT CLOSE is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 2 on ROSECROFT CLOSE.