162, CRABTREE LANE, LANCING, BN15 9NW - £300,000

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.

162 CRABTREE LANE is a midsized extended detached house of 110m², built sometime between 1930 and 1949, which could now be worth an estimated £563,108. It was last sold for £300,000 in July 2011, which was around 7% below the average July 2011 detached price in the Adur local authority area. The most recent EPC inspection was October 2009, where the current energy rating was D, and the potential energy rating was C.

162 CRABTREE LANE Sold Prices

Land registry data shows four sales for 162 CRABTREE LANE 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 162 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
2011 12 JUL	£300,000	£324,300	7% below HPI
2002 17 MAY	£189,000	£216,794	13% below HPI
1998 29 OCT	£101,000	£128,318	21% below HPI
1997 10 JAN	£86,000	£96,903	11% below HPI

162 CRABTREE LANE 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 162 CRABTREE LANE sales between January 1997 and July 2011 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 2002 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the July 2011 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 162 CRABTREE LANE be worth now?

162 CRABTREE LANE might now be worth an estimated £563,108.

This is based on house price inflation of 87.7%, between July 2011 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 87.7% inflationary increase is applied to the most recent sale price for 162 CRABTREE LANE of £300,000 on 12th July 2011. For the value to have increased from £300,000 to £563,108 over the fourteen years and five months to February 2025, the following assumptions must hold true:

• The value of 162 CRABTREE LANE has moved in line with the HPI for detached houses in the Adur local authority area.
• The July 2011 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 162 CRABTREE LANE has not materially changed since July 2011.

How Large is 162 CRABTREE LANE?

162 CRABTREE LANE is 110m², which includes one extension, according to the EPC inspection conducted in October 2009. 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 162 CRABTREE LANE lies on this distribution: 59% of detached houses houses are smaller than 162 CRABTREE LANE, and 41% of houses are larger. Note that EPC data is not available for all properties in Lancing.

162 CRABTREE LANE: Plot and Title Map

162 CRABTREE LANE sits on a plot of roughly 0.118 of an acre, or 477m². The below map shows the location of 162 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 162 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 162 CRABTREE LANE?

162 CRABTREE LANE is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 162 on CRABTREE LANE.