2, SEATON LANE, WICK, LITTLEHAMPTON, BN17 7LE - £365,000

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.

2 SEATON LANE is a large detached house of 128m², built sometime between 1930 and 1949, which could now be worth an estimated £436,773. It was last sold for £365,000 in April 2018, which was around 22% below the average April 2018 detached price in the Arun local authority area. The most recent EPC inspection was September 2017, where the current energy rating was E, and the potential energy rating was C.

2 SEATON LANE Sold Prices

Land registry data shows three sales for 2 SEATON LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Arun local authority area for the corresponding sale date. All of the three 2 SEATON LANE 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
2018 27 APR	£365,000	£465,877	22% below HPI
2012 17 AUG	£250,000	£338,701	26% below HPI
1996 28 JUN	£75,000	£101,264	26% below HPI

2 SEATON LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The three 2 SEATON LANE sales between June 1996 and April 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 2012 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the April 2018 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 2 SEATON LANE be worth now?

2 SEATON LANE might now be worth an estimated £436,773.

This is based on house price inflation of 19.7%, between April 2018 and May 2026, for detached houses, in the Arun local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.7% inflationary increase is applied to the most recent sale price for 2 SEATON LANE of £365,000 on 27th April 2018. For the value to have increased from £365,000 to £436,773 over the seven years and eleven months to May 2026, the following assumptions must hold true:

• The value of 2 SEATON LANE has moved in line with the HPI for detached houses in the Arun local authority area.
• The April 2018 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SEATON LANE has not materially changed since April 2018.

How Large is 2 SEATON LANE?

2 SEATON LANE is 128m² according to the EPC inspection conducted in September 2017. This puts it in the largest 30% of detached houses houses in Wick, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wick, and where 2 SEATON LANE lies on this distribution: 77% of detached houses houses are smaller than 2 SEATON LANE, and 22% of houses are larger. Note that EPC data is not available for all properties in Wick.

2 SEATON LANE: Plot and Title Map

2 SEATON LANE sits on a plot of roughly 0.108 of an acre, or 438m². The below map shows the location of 2 SEATON 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 2 SEATON 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 2 SEATON LANE?

2 SEATON LANE is located in WICK, in the BN17 postcode district. The below map shows the position of No. 2 on SEATON LANE.