67, BROOK WAY, LANCING, BN15 8DQ - £260,000

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.

67 BROOK WAY is a very small semi-detached house of 60m², built sometime between 1950 and 1966, which could now be worth an estimated £333,515. It was last sold for £260,000 in May 2017, which was around 24% below the average May 2017 semi-detached price in the Adur local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was B.

67 BROOK WAY Sold Prices

Land registry data shows two sales for 67 BROOK WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Adur local authority area for the corresponding sale date. Both of the two 67 BROOK WAY sales were 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
2017 19 MAY	£260,000	£340,923	24% below HPI
1998 8 APR	£68,750	£75,165	9% below HPI

67 BROOK WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Adur local authority area over time, sourced from the HPI. The two 67 BROOK WAY sales from April 1998 and May 2017 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 1998 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the May 2017 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 67 BROOK WAY be worth now?

67 BROOK WAY might now be worth an estimated £333,515.

This is based on house price inflation of 28.3%, between May 2017 and May 2026, for semi-detached 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 28.3% inflationary increase is applied to the most recent sale price for 67 BROOK WAY of £260,000 on 19th May 2017. For the value to have increased from £260,000 to £333,515 over the nine years to May 2026, the following assumptions must hold true:

• The value of 67 BROOK WAY has moved in line with the HPI for semi-detached houses in the Adur local authority area.
• The May 2017 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 67 BROOK WAY has not materially changed since May 2017.

How Large is 67 BROOK WAY?

67 BROOK WAY is 60m² according to the EPC inspection conducted in February 2017. This puts it in the smallest 10% of semi-detached houses houses in Lancing, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Lancing, and where 67 BROOK WAY lies on this distribution: 3% of semi-detached houses houses are smaller than 67 BROOK WAY, and 96% of houses are larger. Note that EPC data is not available for all properties in Lancing.

67 BROOK WAY: Plot and Title Map

67 BROOK WAY sits on a plot of roughly 0.049 of an acre, or 199m². The below map shows the location of 67 BROOK WAY, 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 67 BROOK WAY). 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 67 BROOK WAY?

67 BROOK WAY is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 67 on BROOK WAY.