15, MONKS CLOSE, LANCING, BN15 9DD - £120,950

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.

15 MONKS CLOSE is a small terraced house of 77m², built sometime between 1930 and 1949, which could now be worth an estimated £387,155. It was last sold for £120,950 in May 2002, which was around 8% above the average May 2002 terraced price in the Adur local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.

15 MONKS CLOSE Sold Prices

Land registry data shows one sale for 15 MONKS CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the Adur local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2002 27 MAY	£120,950	£112,402	8% above HPI

What might 15 MONKS CLOSE be worth now?

15 MONKS CLOSE might now be worth an estimated £387,155.

This is based on house price inflation of 220.1%, between May 2002 and May 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 220.1% inflationary increase is applied to the most recent sale price for 15 MONKS CLOSE of £120,950 on 27th May 2002. For the value to have increased from £120,950 to £387,155 over the 24 years to May 2026, the following assumptions must hold true:

• The value of 15 MONKS CLOSE has moved in line with the HPI for terraced houses in the Adur local authority area.
• The May 2002 sale price of £120,950 represented a fair market value for the property.
• The size, condition, and specification of 15 MONKS CLOSE has not materially changed since May 2002.

How Large is 15 MONKS CLOSE?

15 MONKS CLOSE is 77m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 40% of terraced houses in Lancing, based on EPC data. The below chart shows the distribution of terraced houses by size in Lancing, and where 15 MONKS CLOSE lies on this distribution: 35% of terraced houses are smaller than 15 MONKS CLOSE, and 61% of terraced houses are larger. Note that EPC data is not available for all properties in Lancing.

15 MONKS CLOSE: Plot

15 MONKS CLOSE sits on a plot of roughly 0.047 of an acre, or 192m².

Where is 15 MONKS CLOSE?

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