1, STEYNING CLOSE, SOMPTING, LANCING, BN15 0HY - £394,500

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.

1 STEYNING CLOSE is a midsized extended detached house of 87m², built sometime between 1950 and 1966, which could now be worth an estimated £463,276. It was last sold for £394,500 in October 2017, which was around 24% below the average October 2017 detached price in the Adur local authority area. The most recent EPC inspection was September 2009, where the current energy rating was D, and the potential energy rating was D.

1 STEYNING CLOSE Sold Prices

Land registry data shows three sales for 1 STEYNING CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Adur local authority area for the corresponding sale date. All of the three 1 STEYNING CLOSE sales were 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
2017 4 OCT	£394,500	£518,352	24% below HPI
2009 9 NOV	£282,000	£305,653	8% below HPI
2006 29 SEP	£245,000	£313,965	22% below HPI

1 STEYNING CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Adur local authority area over time, sourced from the HPI. The three 1 STEYNING CLOSE sales between September 2006 and October 2017 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the November 2009 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the October 2017 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 1 STEYNING CLOSE be worth now?

1 STEYNING CLOSE might now be worth an estimated £463,276.

This is based on house price inflation of 17.4%, between October 2017 and February 2025, 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 17.4% inflationary increase is applied to the most recent sale price for 1 STEYNING CLOSE of £394,500 on 4th October 2017. For the value to have increased from £394,500 to £463,276 over the eight years and eight months to February 2025, the following assumptions must hold true:

• The value of 1 STEYNING CLOSE has moved in line with the HPI for detached houses in the Adur local authority area.
• The October 2017 sale price of £394,500 represented a fair market value for the property.
• The size, condition, and specification of 1 STEYNING CLOSE has not materially changed since October 2017.

How Large is 1 STEYNING CLOSE?

1 STEYNING CLOSE is 87m², which includes two extensions, according to the EPC inspection conducted in September 2009. This puts it in the smallest 50% of detached houses houses in Sompting, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sompting, and where 1 STEYNING CLOSE lies on this distribution: 48% of detached houses houses are smaller than 1 STEYNING CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Sompting.

1 STEYNING CLOSE: Plot and Title Map

1 STEYNING CLOSE sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 1 STEYNING CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 STEYNING CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 STEYNING CLOSE?

1 STEYNING CLOSE is located in SOMPTING, in the BN15 postcode district. The below map shows the position of No. 1 on STEYNING CLOSE.