5, ROSECROFT CLOSE, LANCING, BN15 9HL - £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.

5 ROSECROFT CLOSE is a small semi-detached house of 66m², built sometime between 1950 and 1966, which could now be worth an estimated £366,149. It was last sold for £195,000 in December 2012, which was around 16% below the average December 2012 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.

5 ROSECROFT CLOSE Sold Prices

Land registry data shows one sale for 5 ROSECROFT 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
2012 20 DEC	£195,000	£232,903	16% below HPI

What might 5 ROSECROFT CLOSE be worth now?

5 ROSECROFT CLOSE might now be worth an estimated £366,149.

This is based on house price inflation of 87.8%, between December 2012 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 87.8% inflationary increase is applied to the most recent sale price for 5 ROSECROFT CLOSE of £195,000 on 20th December 2012. For the value to have increased from £195,000 to £366,149 over the fourteen years and seven months to May 2026, the following assumptions must hold true:

• The value of 5 ROSECROFT CLOSE has moved in line with the HPI for semi-detached houses in the Adur local authority area.
• The December 2012 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 5 ROSECROFT CLOSE has not materially changed since December 2012.

How Large is 5 ROSECROFT CLOSE?

5 ROSECROFT CLOSE is 66m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 30% 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 5 ROSECROFT CLOSE lies on this distribution: 22% of semi-detached houses are smaller than 5 ROSECROFT CLOSE, and 76% of semi-detached houses are larger. Note that EPC data is not available for all properties in Lancing.

5 ROSECROFT CLOSE: Plot

5 ROSECROFT CLOSE sits on a plot of roughly 0.074 of an acre, or 298m².

Where is 5 ROSECROFT CLOSE?

5 ROSECROFT CLOSE is located in LANCING, in the BN15 postcode district.