43, MONKS CLOSE, LANCING, BN15 9DB - £125,000

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.

43 MONKS CLOSE is a terraced house, which could now be worth an estimated £344,284. It was last sold for £125,000 in August 2002, which was about the average August 2002 terraced price in the Adur local authority area.

43 MONKS CLOSE Sold Prices

Land registry data shows two sales for 43 MONKS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Adur local authority area for the corresponding sale date. One of the two 43 MONKS CLOSE sales was roughly equal to the average price, whilst the other was 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
2002 22 AUG	£125,000	£124,523	Close to HPI
1997 28 FEB	£54,000	£50,770	6% above HPI

What might 43 MONKS CLOSE be worth now?

43 MONKS CLOSE might now be worth an estimated £344,284.

This is based on house price inflation of 175.4%, between August 2002 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 175.4% inflationary increase is applied to the most recent sale price for 43 MONKS CLOSE of £125,000 on 22nd August 2002. For the value to have increased from £125,000 to £344,284 over the 24 years and four months to April 2026, the following assumptions must hold true:

• The value of 43 MONKS CLOSE has moved in line with the HPI for terraced houses in the Adur local authority area.
• The August 2002 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 43 MONKS CLOSE has not materially changed since August 2002.

Where is 43 MONKS CLOSE?

43 MONKS CLOSE is located in LANCING, in the BN15 postcode district.