33, MONKS CLOSE, LANCING, BN15 9DD - £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.

33 MONKS CLOSE is a midsized extended terraced house of 96m², built sometime between 1900 and 1929, which could now be worth an estimated £400,868. It was last sold for £195,000 in September 2005, which was around 17% above the average September 2005 terraced price in the Adur local authority area. The most recent EPC inspection was January 2014, where the current energy rating was F, and the potential energy rating was C.

33 MONKS CLOSE Sold Prices

Land registry data shows three sales for 33 MONKS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Adur local authority area for the corresponding sale date. All of the three 33 MONKS CLOSE sales were for above 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
2005 30 SEP	£195,000	£166,836	17% above HPI
2003 14 APR	£154,950	£132,886	17% above HPI
1997 15 DEC	£64,000	£59,896	7% above HPI

33 MONKS CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Adur local authority area over time, sourced from the HPI. The three 33 MONKS CLOSE sales between December 1997 and September 2005 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 April 2003 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the September 2005 sale, which was also at 17% above the HPI.

What might 33 MONKS CLOSE be worth now?

33 MONKS CLOSE might now be worth an estimated £400,868.

This is based on house price inflation of 105.6%, between September 2005 and April 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 105.6% inflationary increase is applied to the most recent sale price for 33 MONKS CLOSE of £195,000 on 30th September 2005. For the value to have increased from £195,000 to £400,868 over the 21 years and five months to April 2026, the following assumptions must hold true:

• The value of 33 MONKS CLOSE has moved in line with the HPI for terraced houses in the Adur local authority area.
• The September 2005 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 33 MONKS CLOSE has not materially changed since September 2005.

How Large is 33 MONKS CLOSE?

33 MONKS CLOSE is 96m², which includes one extension, according to the EPC inspection conducted in January 2014. This puts it in the smallest 50% of terraced houses houses in Lancing, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Lancing, and where 33 MONKS CLOSE lies on this distribution: 44% of terraced houses houses are smaller than 33 MONKS CLOSE, and 56% of houses are larger. Note that EPC data is not available for all properties in Lancing.

33 MONKS CLOSE: Plot and Title Map

33 MONKS CLOSE sits on a plot of roughly 0.096 of an acre, or 387m². The below map shows the location of 33 MONKS 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 33 MONKS 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 33 MONKS CLOSE?

33 MONKS CLOSE is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 33 on MONKS CLOSE.