5, SEASIDE CLOSE, LANCING, BN15 8BZ - £373,500

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 SEASIDE CLOSE is a small detached house of 84m², built sometime between 1950 and 1966, which could now be worth an estimated £448,192. It was last sold for £373,500 in September 2017, which was around 29% below the average September 2017 detached price in the Adur local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was B.

5 SEASIDE CLOSE Sold Prices

Land registry data shows one sale for 5 SEASIDE CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average 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
2017 22 SEP	£373,500	£522,897	29% below HPI

What might 5 SEASIDE CLOSE be worth now?

5 SEASIDE CLOSE might now be worth an estimated £448,192.

This is based on house price inflation of 20%, between September 2017 and May 2026, for 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 20% inflationary increase is applied to the most recent sale price for 5 SEASIDE CLOSE of £373,500 on 22nd September 2017. For the value to have increased from £373,500 to £448,192 over the nine years and four months to May 2026, the following assumptions must hold true:

• The value of 5 SEASIDE CLOSE has moved in line with the HPI for detached houses in the Adur local authority area.
• The September 2017 sale price of £373,500 represented a fair market value for the property.
• The size, condition, and specification of 5 SEASIDE CLOSE has not materially changed since September 2017.

How Large is 5 SEASIDE CLOSE?

5 SEASIDE CLOSE is 84m² according to the EPC inspection conducted in April 2017. This puts it in the smallest 40% of detached houses in Lancing, based on EPC data. The below chart shows the distribution of detached houses by size in Lancing, and where 5 SEASIDE CLOSE lies on this distribution: 31% of detached houses are smaller than 5 SEASIDE CLOSE, and 68% of detached houses are larger. Note that EPC data is not available for all properties in Lancing.

5 SEASIDE CLOSE: Plot

5 SEASIDE CLOSE sits on a plot of roughly 0.180 of an acre, or 728m².

Where is 5 SEASIDE CLOSE?

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