6, BRIDGE CLOSE, LANCING, BN15 8BS - £340,000

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.

6 BRIDGE CLOSE is a small extended detached house of 83m², built sometime between 1950 and 1966, which could now be worth an estimated £412,204. It was last sold for £340,000 in June 2018, which was around 34% below the average June 2018 detached price in the Adur local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

6 BRIDGE CLOSE Sold Prices

Land registry data shows one sale for 6 BRIDGE 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
2018 11 JUN	£340,000	£517,555	34% below HPI

What might 6 BRIDGE CLOSE be worth now?

6 BRIDGE CLOSE might now be worth an estimated £412,204.

This is based on house price inflation of 21.2%, between June 2018 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 21.2% inflationary increase is applied to the most recent sale price for 6 BRIDGE CLOSE of £340,000 on 11th June 2018. For the value to have increased from £340,000 to £412,204 over the eight years and one month to May 2026, the following assumptions must hold true:

• The value of 6 BRIDGE CLOSE has moved in line with the HPI for detached houses in the Adur local authority area.
• The June 2018 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 6 BRIDGE CLOSE has not materially changed since June 2018.

How Large is 6 BRIDGE CLOSE?

6 BRIDGE CLOSE is 83m², which includes one extension, according to the EPC inspection conducted in June 2015. This puts it in the smallest 30% of detached houses in Lancing, based on EPC data. The below chart shows the distribution of detached houses by size in Lancing, and where 6 BRIDGE CLOSE lies on this distribution: 30% of detached houses are smaller than 6 BRIDGE CLOSE, and 70% of detached houses are larger. Note that EPC data is not available for all properties in Lancing.

6 BRIDGE CLOSE: Plot

6 BRIDGE CLOSE sits on a plot of roughly 0.100 of an acre, or 405m².

Where is 6 BRIDGE CLOSE?

6 BRIDGE CLOSE is located in LANCING, in the BN15 postcode district.