1, VINCENT CLOSE, LANCING, BN15 9LL - £365,000

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.

1 VINCENT CLOSE is a very small extended detached house of 63m², built sometime between 1950 and 1966, which could now be worth an estimated £367,303. It was last sold for £365,000 in December 2023, which was around 40% below the average December 2023 detached price in the Adur local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was B.

1 VINCENT CLOSE Sold Prices

Land registry data shows three sales for 1 VINCENT 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 VINCENT 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
2023 19 DEC	£365,000	£604,903	40% below HPI
2015 11 DEC	£230,000	£453,409	49% below HPI
2007 17 JAN	£170,000	£313,669	46% below HPI

1 VINCENT 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 VINCENT CLOSE sales between January 2007 and December 2023 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 December 2015 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the December 2023 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 1 VINCENT CLOSE be worth now?

1 VINCENT CLOSE might now be worth an estimated £367,303.

This is based on house price inflation of 0.6%, between December 2023 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 0.6% inflationary increase is applied to the most recent sale price for 1 VINCENT CLOSE of £365,000 on 19th December 2023. For the value to have increased from £365,000 to £367,303 over the two years and ten months to February 2025, the following assumptions must hold true:

• The value of 1 VINCENT CLOSE has moved in line with the HPI for detached houses in the Adur local authority area.
• The December 2023 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 1 VINCENT CLOSE has not materially changed since December 2023.

How Large is 1 VINCENT CLOSE?

1 VINCENT CLOSE is 63m², which includes one extension, according to the EPC inspection conducted in February 2017. This puts it in the smallest 10% of detached houses houses in Lancing, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lancing, and where 1 VINCENT CLOSE lies on this distribution: 5% of detached houses houses are smaller than 1 VINCENT CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Lancing.

1 VINCENT CLOSE: Plot and Title Map

1 VINCENT CLOSE sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 1 VINCENT 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 VINCENT 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 VINCENT CLOSE?

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