CAMBALT, THE CLOSE, LANCING, BN15 8EE - £420,000

CAMBALT is a midsized extended detached house of 109m², built sometime between 1930 and 1949. It was last sold for £420,000 in November 2016, which was around 8% below the average November 2016 detached price in the Adur local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

CAMBALT Sold Prices

Land registry data shows three sales for CAMBALT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Adur local authority area for the corresponding sale date. All of the three CAMBALT 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
2016 30 NOV	£420,000	£457,038	8% below HPI
2014 24 OCT	£329,950	£381,521	14% below HPI
2002 31 MAY	£100,000	£200,428	50% below HPI

CAMBALT Price Paid vs. HPI Average

The below graph shows the average detached house price in the Adur local authority area over time, sourced from the HPI. The three CAMBALT sales between May 2002 and November 2016 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 October 2014 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the November 2016 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is CAMBALT?

CAMBALT is 109m², which includes two extensions, according to the EPC inspection conducted in June 2014. This puts it in the largest 50% of detached houses in Lancing, based on EPC data. The below chart shows the distribution of detached houses by size in Lancing, and where CAMBALT lies on this distribution: 58% of detached houses are smaller than CAMBALT, and 41% of houses are larger. Note that EPC data is not available for all properties in Lancing.

CAMBALT: Plot and Title Map

CAMBALT sits on a plot of roughly 0.098 of an acre, or 395m². The below map shows the location of CAMBALT, 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 CAMBALT). 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 CAMBALT?

CAMBALT is located on THE CLOSE in LANCING, in the BN15 postcode district. The below map shows the position of CAMBALT on THE CLOSE.