15, LANCING PARK, LANCING, BN15 8RF - £249,950

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

15 LANCING PARK is a midsized detached house of 102m², built sometime between 1930 and 1949, which could now be worth an estimated £528,806. It was last sold for £249,950 in June 2005, which was around 13% below the average June 2005 detached price in the Adur local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was B.

15 LANCING PARK Sold Prices

Land registry data shows two sales for 15 LANCING PARK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Adur local authority area for the corresponding sale date. Both of the two 15 LANCING PARK 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
2005 30 JUN	£249,950	£287,723	13% below HPI
1997 22 JUL	£97,500	£107,726	9% below HPI

15 LANCING PARK 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 two 15 LANCING PARK sales from July 1997 and June 2005 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 1997 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the June 2005 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 15 LANCING PARK be worth now?

15 LANCING PARK might now be worth an estimated £528,806.

This is based on house price inflation of 111.6%, between June 2005 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 111.6% inflationary increase is applied to the most recent sale price for 15 LANCING PARK of £249,950 on 30th June 2005. For the value to have increased from £249,950 to £528,806 over the twenty years and four months to February 2025, the following assumptions must hold true:

• The value of 15 LANCING PARK has moved in line with the HPI for detached houses in the Adur local authority area.
• The June 2005 sale price of £249,950 represented a fair market value for the property.
• The size, condition, and specification of 15 LANCING PARK has not materially changed since June 2005.

How Large is 15 LANCING PARK?

15 LANCING PARK is 102m² according to the EPC inspection conducted in June 2023. This puts it in the largest 50% 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 15 LANCING PARK lies on this distribution: 51% of detached houses houses are smaller than 15 LANCING PARK, and 48% of houses are larger. Note that EPC data is not available for all properties in Lancing.

15 LANCING PARK: Plot and Title Map

15 LANCING PARK sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of 15 LANCING PARK, 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 15 LANCING PARK). 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 15 LANCING PARK?

15 LANCING PARK is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 15 on LANCING PARK.