2, PENSTONE CLOSE, LANCING, BN15 9AR - £78,000

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.

2 PENSTONE CLOSE is a large semi-detached house of 90m², built sometime between 1967 and 1975, which could now be worth an estimated £401,290. It was last sold for £78,000 in April 1999, which was around 8% below the average April 1999 semi-detached price in the Adur local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was C.

2 PENSTONE CLOSE Sold Prices

Land registry data shows one sale for 2 PENSTONE CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-detached 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
1999 30 APR	£78,000	£85,003	8% below HPI

What might 2 PENSTONE CLOSE be worth now?

2 PENSTONE CLOSE might now be worth an estimated £401,290.

This is based on house price inflation of 414.5%, between April 1999 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 414.5% inflationary increase is applied to the most recent sale price for 2 PENSTONE CLOSE of £78,000 on 30th April 1999. For the value to have increased from £78,000 to £401,290 over the 26 years and eleven months to May 2026, the following assumptions must hold true:

• The value of 2 PENSTONE CLOSE has moved in line with the HPI for semi-detached houses in the Adur local authority area.
• The April 1999 sale price of £78,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PENSTONE CLOSE has not materially changed since April 1999.

How Large is 2 PENSTONE CLOSE?

2 PENSTONE CLOSE is 90m² according to the EPC inspection conducted in September 2020. This puts it in the largest 40% of semi-detached houses in Lancing, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Lancing, and where 2 PENSTONE CLOSE lies on this distribution: 65% of semi-detached houses are smaller than 2 PENSTONE CLOSE, and 33% of semi-detached houses are larger. Note that EPC data is not available for all properties in Lancing.

2 PENSTONE CLOSE: Plot

2 PENSTONE CLOSE sits on a plot of roughly 0.036 of an acre, or 147m².

Where is 2 PENSTONE CLOSE?

2 PENSTONE CLOSE is located in LANCING, in the BN15 postcode district.