121, CRABTREE LANE, LANCING, BN15 9NL - £315,000

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.

121 CRABTREE LANE is a very small semi-detached house of 57m², built sometime between 1967 and 1975, which could now be worth an estimated £351,254. It was last sold for £315,000 in March 2021, which was around 17% below the average March 2021 semi-detached price in the Adur local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was B.

121 CRABTREE LANE Sold Prices

Land registry data shows two sales for 121 CRABTREE LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Adur local authority area for the corresponding sale date. Both of the two 121 CRABTREE LANE 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
2021 25 MAR	£315,000	£380,048	17% below HPI
2011 19 MAY	£213,000	£223,652	5% below HPI

121 CRABTREE LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Adur local authority area over time, sourced from the HPI. The two 121 CRABTREE LANE sales from May 2011 and March 2021 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 May 2011 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the March 2021 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 121 CRABTREE LANE be worth now?

121 CRABTREE LANE might now be worth an estimated £351,254.

This is based on house price inflation of 11.5%, between March 2021 and February 2025, for semi-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 11.5% inflationary increase is applied to the most recent sale price for 121 CRABTREE LANE of £315,000 on 25th March 2021. For the value to have increased from £315,000 to £351,254 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 121 CRABTREE LANE has moved in line with the HPI for semi-detached houses in the Adur local authority area.
• The March 2021 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 121 CRABTREE LANE has not materially changed since March 2021.

How Large is 121 CRABTREE LANE?

121 CRABTREE LANE is 57m² according to the EPC inspection conducted in October 2020. This puts it in the smallest 10% of semi-detached houses houses in Lancing, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Lancing, and where 121 CRABTREE LANE lies on this distribution: 1% of semi-detached houses houses are smaller than 121 CRABTREE LANE, and 98% of houses are larger. Note that EPC data is not available for all properties in Lancing.

121 CRABTREE LANE: Plot and Title Map

121 CRABTREE LANE sits on a plot of roughly 0.058 of an acre, or 233m². The below map shows the location of 121 CRABTREE LANE, 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 121 CRABTREE LANE). 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 121 CRABTREE LANE?

121 CRABTREE LANE is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 121 on CRABTREE LANE.