3, WIDEWATER CLOSE, LANCING, BN15 8LA - £280,000

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.

3 WIDEWATER CLOSE is a very large terraced house of 101m², built sometime between 1976 and 1982, which could now be worth an estimated £317,666. It was last sold for £280,000 in February 2021, which was around 12% below the average February 2021 terraced price in the Adur local authority area. The most recent EPC inspection was September 2016, where the current energy rating was C, and the potential energy rating was B.

3 WIDEWATER CLOSE Sold Prices

Land registry data shows one sale for 3 WIDEWATER CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the Adur local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 11 FEB	£280,000	£317,132	12% below HPI

What might 3 WIDEWATER CLOSE be worth now?

3 WIDEWATER CLOSE might now be worth an estimated £317,666.

This is based on house price inflation of 13.5%, between February 2021 and May 2026, for terraced 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 13.5% inflationary increase is applied to the most recent sale price for 3 WIDEWATER CLOSE of £280,000 on 11th February 2021. For the value to have increased from £280,000 to £317,666 over the four years and nine months to May 2026, the following assumptions must hold true:

• The value of 3 WIDEWATER CLOSE has moved in line with the HPI for terraced houses in the Adur local authority area.
• The February 2021 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 3 WIDEWATER CLOSE has not materially changed since February 2021.

How Large is 3 WIDEWATER CLOSE?

3 WIDEWATER CLOSE is 101m² according to the EPC inspection conducted in September 2016. This puts it in the largest 20% of terraced houses in Lancing, based on EPC data. The below chart shows the distribution of terraced houses by size in Lancing, and where 3 WIDEWATER CLOSE lies on this distribution: 84% of terraced houses are smaller than 3 WIDEWATER CLOSE, and 15% of terraced houses are larger. Note that EPC data is not available for all properties in Lancing.

3 WIDEWATER CLOSE: Plot

3 WIDEWATER CLOSE sits on a plot of roughly 0.025 of an acre, or 101m².

Where is 3 WIDEWATER CLOSE?

3 WIDEWATER CLOSE is located in LANCING, in the BN15 postcode district.