63, CRABTREE LANE, LANCING, BN15 9PL - £380,000

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.

63 CRABTREE LANE is a midsized extended terraced house of 92m², built sometime between 2007 and 2011, which could now be worth an estimated £375,843. It was last sold for £380,000 in March 2022, which was around 10% above the average March 2022 terraced price in the Adur local authority area. The most recent EPC inspection was April 2015, where the current energy rating was C, and the potential energy rating was B.

63 CRABTREE LANE Sold Prices

Land registry data shows four sales for 63 CRABTREE LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Adur local authority area for the corresponding sale date. All of the four 63 CRABTREE LANE 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
2022 23 MAR	£380,000	£346,763	10% above HPI
2017 19 APR	£322,500	£275,532	17% above HPI
2015 31 JUL	£260,000	£249,860	4% above HPI
2007 28 AUG	£234,000	£203,737	15% above HPI

63 CRABTREE LANE 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 four 63 CRABTREE LANE sales between August 2007 and March 2022 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 2017 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the March 2022 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 63 CRABTREE LANE be worth now?

63 CRABTREE LANE might now be worth an estimated £375,843.

This is based on house price deflation of 1.1%, between March 2022 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 1.1% deflationary decrease is applied to the most recent sale price for 63 CRABTREE LANE of £380,000 on 23rd March 2022. For the value to have decreased from £380,000 to £375,843 over the three years and eleven months to April 2026, the following assumptions must hold true:

• The value of 63 CRABTREE LANE has moved in line with the HPI for terraced houses in the Adur local authority area.
• The March 2022 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of 63 CRABTREE LANE has not materially changed since March 2022.

How Large is 63 CRABTREE LANE?

63 CRABTREE LANE is 92m², which includes one extension, according to the EPC inspection conducted in April 2015. 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 63 CRABTREE LANE lies on this distribution: 41% of terraced houses houses are smaller than 63 CRABTREE LANE, and 59% of houses are larger. Note that EPC data is not available for all properties in Lancing.

63 CRABTREE LANE: Plot and Title Map

63 CRABTREE LANE sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 63 CRABTREE LANE, 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 63 CRABTREE LANE). 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 63 CRABTREE LANE?

63 CRABTREE LANE is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 63 on CRABTREE LANE.