5, MONKS CLOSE, LANCING, BN15 9DD - £214,950

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.

5 MONKS CLOSE is a small terraced house of 84m², built sometime between 1967 and 1975, which could now be worth an estimated £356,578. It was last sold for £214,950 in October 2013, which was around 4% above the average October 2013 terraced price in the Adur local authority area. The most recent EPC inspection was February 2024, where the current energy rating was C, and the potential energy rating was B.

5 MONKS CLOSE Sold Prices

Land registry data shows two sales for 5 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 5 MONKS CLOSE sales was for above the average price, whilst the other was 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
2013 9 OCT	£214,950	£206,747	4% above HPI
2007 15 MAY	£171,000	£195,928	13% below HPI

5 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 two 5 MONKS CLOSE sales from May 2007 and October 2013 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 May 2007 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the October 2013 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 5 MONKS CLOSE be worth now?

5 MONKS CLOSE might now be worth an estimated £356,578.

This is based on house price inflation of 65.9%, between October 2013 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 65.9% inflationary increase is applied to the most recent sale price for 5 MONKS CLOSE of £214,950 on 9th October 2013. For the value to have increased from £214,950 to £356,578 over the thirteen years and six months to April 2026, the following assumptions must hold true:

• The value of 5 MONKS CLOSE has moved in line with the HPI for terraced houses in the Adur local authority area.
• The October 2013 sale price of £214,950 represented a fair market value for the property.
• The size, condition, and specification of 5 MONKS CLOSE has not materially changed since October 2013.

How Large is 5 MONKS CLOSE?

5 MONKS CLOSE is 84m² according to the EPC inspection conducted in February 2024. This puts it in the smallest 40% 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 5 MONKS CLOSE lies on this distribution: 32% of terraced houses houses are smaller than 5 MONKS CLOSE, and 67% of houses are larger. Note that EPC data is not available for all properties in Lancing.

5 MONKS CLOSE: Plot and Title Map

5 MONKS CLOSE sits on a plot of roughly 0.041 of an acre, or 164m². The below map shows the location of 5 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 5 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 5 MONKS CLOSE?

5 MONKS CLOSE is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 5 on MONKS CLOSE.