2, PRIORY CLOSE, SOMPTING, LANCING, BN15 0EB - £195,000

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 PRIORY CLOSE is a large semi-detached house of 88m², built sometime between 1967 and 1975, which could now be worth an estimated £321,093. It was last sold for £195,000 in May 2014, which was around 27% below the average May 2014 semi-detached price in the Adur local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

2 PRIORY CLOSE Sold Prices

Land registry data shows one sale for 2 PRIORY 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
2014 9 MAY	£195,000	£265,584	27% below HPI

What might 2 PRIORY CLOSE be worth now?

2 PRIORY CLOSE might now be worth an estimated £321,093.

This is based on house price inflation of 64.7%, between May 2014 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 64.7% inflationary increase is applied to the most recent sale price for 2 PRIORY CLOSE of £195,000 on 9th May 2014. For the value to have increased from £195,000 to £321,093 over the twelve years to May 2026, the following assumptions must hold true:

• The value of 2 PRIORY CLOSE has moved in line with the HPI for semi-detached houses in the Adur local authority area.
• The May 2014 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PRIORY CLOSE has not materially changed since May 2014.

How Large is 2 PRIORY CLOSE?

2 PRIORY CLOSE is 88m² according to the EPC inspection conducted in February 2014. This puts it in the largest 40% of semi-detached houses in Sompting, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Sompting, and where 2 PRIORY CLOSE lies on this distribution: 61% of semi-detached houses are smaller than 2 PRIORY CLOSE, and 36% of semi-detached houses are larger. Note that EPC data is not available for all properties in Sompting.

2 PRIORY CLOSE: Plot

2 PRIORY CLOSE sits on a plot of roughly 0.049 of an acre, or 200m².

Where is 2 PRIORY CLOSE?

2 PRIORY CLOSE is located in SOMPTING, in the BN15 postcode district.