23, CROSHAW CLOSE, LANCING, BN15 9LE - £195,000

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.

23 CROSHAW CLOSE is a very small extended semi-detached house of 53m², built sometime between 1950 and 1966, which could now be worth an estimated £425,043. It was last sold for £195,000 in May 2009, which was around 2% above the average May 2009 semi-detached price in the Adur local authority area. The most recent EPC inspection was March 2009, where the current energy rating was D, and the potential energy rating was C.

23 CROSHAW CLOSE Sold Prices

Land registry data shows four sales for 23 CROSHAW CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Adur local authority area for the corresponding sale date. Most of the four 23 CROSHAW 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
2009 22 MAY	£195,000	£191,209	2% above HPI
2006 18 AUG	£163,000	£211,935	23% below HPI
1999 9 NOV	£87,500	£92,096	5% below HPI
1998 24 JUL	£74,950	£81,956	9% below HPI

23 CROSHAW 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 four 23 CROSHAW CLOSE sales between July 1998 and May 2009 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 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the May 2009 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 23 CROSHAW CLOSE be worth now?

23 CROSHAW CLOSE might now be worth an estimated £425,043.

This is based on house price inflation of 118%, between May 2009 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 118% inflationary increase is applied to the most recent sale price for 23 CROSHAW CLOSE of £195,000 on 22nd May 2009. For the value to have increased from £195,000 to £425,043 over the seventeen years and one month to April 2026, the following assumptions must hold true:

• The value of 23 CROSHAW CLOSE has moved in line with the HPI for semi-detached houses in the Adur local authority area.
• The May 2009 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 23 CROSHAW CLOSE has not materially changed since May 2009.

How Large is 23 CROSHAW CLOSE?

23 CROSHAW CLOSE is 53m², which includes one extension, according to the EPC inspection conducted in March 2009. This puts it in the smallest 10% 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 23 CROSHAW CLOSE lies on this distribution: 1% of semi-detached houses houses are smaller than 23 CROSHAW CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Lancing.

23 CROSHAW CLOSE: Plot and Title Map

23 CROSHAW CLOSE sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 23 CROSHAW 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 23 CROSHAW 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 23 CROSHAW CLOSE?

23 CROSHAW CLOSE is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 23 on CROSHAW CLOSE.