27, CROSHAW CLOSE, LANCING, BN15 9LE - £377,000

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.

27 CROSHAW CLOSE is a very small extended detached house of 59m², built sometime between 1950 and 1966, which could now be worth an estimated £411,306. It was last sold for £377,000 in January 2021, which was around 32% below the average January 2021 detached price in the Adur local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

27 CROSHAW CLOSE Sold Prices

Land registry data shows two sales for 27 CROSHAW 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 27 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
2021 11 JAN	£377,000	£551,222	32% below HPI
2007 19 OCT	£205,000	£349,457	41% below HPI

27 CROSHAW 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 27 CROSHAW CLOSE sales from October 2007 and January 2021 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 October 2007 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the January 2021 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 27 CROSHAW CLOSE be worth now?

27 CROSHAW CLOSE might now be worth an estimated £411,306.

This is based on house price inflation of 9.1%, between January 2021 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 9.1% inflationary increase is applied to the most recent sale price for 27 CROSHAW CLOSE of £377,000 on 11th January 2021. For the value to have increased from £377,000 to £411,306 over the four years and nine months to April 2026, the following assumptions must hold true:

• The value of 27 CROSHAW CLOSE has moved in line with the HPI for detached houses in the Adur local authority area.
• The January 2021 sale price of £377,000 represented a fair market value for the property.
• The size, condition, and specification of 27 CROSHAW CLOSE has not materially changed since January 2021.

How Large is 27 CROSHAW CLOSE?

27 CROSHAW CLOSE is 59m², which includes one extension, according to the EPC inspection conducted in August 2020. 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 27 CROSHAW CLOSE lies on this distribution: 3% of detached houses houses are smaller than 27 CROSHAW CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Lancing.

27 CROSHAW CLOSE: Plot and Title Map

27 CROSHAW CLOSE sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 27 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 27 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 27 CROSHAW CLOSE?

27 CROSHAW CLOSE is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 27 on CROSHAW CLOSE.