8, MONKS CLOSE, LANCING, BN15 9DD - £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.

8 MONKS CLOSE is a terraced house, which could now be worth an estimated £383,239. It was last sold for £195,000 in February 2007, which was around 7% above the average February 2007 terraced price in the Adur local authority area.

8 MONKS CLOSE Sold Prices

Land registry data shows two sales for 8 MONKS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Adur local authority area for the corresponding sale date. One of the two 8 MONKS CLOSE sales was for above the average price, whilst the other was for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2007 14 FEB	£195,000	£183,070	7% above HPI
2001 19 JAN	£85,000	£87,873	3% below HPI

What might 8 MONKS CLOSE be worth now?

8 MONKS CLOSE might now be worth an estimated £383,239.

This is based on house price inflation of 96.5%, between February 2007 and May 2026, for terraced 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 96.5% inflationary increase is applied to the most recent sale price for 8 MONKS CLOSE of £195,000 on 14th February 2007. For the value to have increased from £195,000 to £383,239 over the eighteen years and nine months to May 2026, the following assumptions must hold true:

• The value of 8 MONKS CLOSE has moved in line with the HPI for terraced houses in the Adur local authority area.
• The February 2007 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 8 MONKS CLOSE has not materially changed since February 2007.

Where is 8 MONKS CLOSE?

8 MONKS CLOSE is located in LANCING, in the BN15 postcode district.