11, FINCHES CLOSE, LANCING, BN15 8PP - £372,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

11 FINCHES CLOSE is a small detached house of 79m², built sometime between 1967 and 1975. It was last sold for £372,000 in February 2017, which was around 19% below the average February 2017 detached price in the Adur local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

11 FINCHES CLOSE Sold Prices

Land registry data shows four sales for 11 FINCHES CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Adur local authority area for the corresponding sale date. All of the four 11 FINCHES 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 24 FEB	£372,000	£461,305	19% below HPI
2006 10 JUL	£250,000	£280,615	11% below HPI
2003 19 DEC	£204,950	£253,608	19% below HPI
1999 5 MAY	£82,000	£122,196	33% below HPI

11 FINCHES 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 four 11 FINCHES CLOSE sales between May 1999 and February 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 July 2006 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the February 2017 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 11 FINCHES CLOSE?

11 FINCHES CLOSE is 79m² according to the EPC inspection conducted in April 2016. 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 11 FINCHES CLOSE lies on this distribution: 25% of detached houses are smaller than 11 FINCHES CLOSE, and 73% of houses are larger. Note that EPC data is not available for all properties in Lancing.

11 FINCHES CLOSE: Plot and Title Map

11 FINCHES CLOSE sits on a plot of roughly 0.088 of an acre, or 357m². The below map shows the location of 11 FINCHES 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 11 FINCHES 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 11 FINCHES CLOSE?

11 FINCHES CLOSE is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 11 on FINCHES CLOSE.