3, ROSECROFT CLOSE, LANCING, BN15 9HL - £330,000

3 ROSECROFT CLOSE is a very small detached house of 72m², built sometime between 1950 and 1966. It was last sold for £330,000 in May 2018, which was around 31% below the average May 2018 detached price in the Adur local authority area. The most recent EPC inspection was May 2010, where the current energy rating was D, and the potential energy rating was C.

3 ROSECROFT CLOSE Sold Prices

Land registry data shows four sales for 3 ROSECROFT CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Adur local authority area for the corresponding sale date. All of the four 3 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
2018 24 MAY	£330,000	£477,571	31% below HPI
2011 11 MAR	£204,000	£299,145	32% below HPI
2007 8 MAR	£249,950	£293,726	15% below HPI
1995 28 MAR	£79,950	£86,387	7% below HPI

3 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 four 3 ROSECROFT CLOSE sales between March 1995 and May 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 March 2011 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the May 2018 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 3 ROSECROFT CLOSE?

3 ROSECROFT CLOSE is 72m² according to the EPC inspection conducted in May 2010. This puts it in the smallest 20% of detached houses in Lancing, based on EPC data. The below chart shows the distribution of detached houses by size in Lancing, and where 3 ROSECROFT CLOSE lies on this distribution: 17% of detached houses are smaller than 3 ROSECROFT CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Lancing.

3 ROSECROFT CLOSE: Plot and Title Map

3 ROSECROFT CLOSE sits on a plot of roughly 0.096 of an acre, or 387m². The below map shows the location of 3 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 3 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 3 ROSECROFT CLOSE?

3 ROSECROFT CLOSE is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 3 on ROSECROFT CLOSE.