20, PENSTONE CLOSE, LANCING, BN15 9AP - £445,000

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.

20 PENSTONE CLOSE is a very large detached house of 162m², built sometime between 1967 and 1975, which could now be worth an estimated £517,208. It was last sold for £445,000 in August 2018, which was around 15% below the average August 2018 detached price in the Adur local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was C.

20 PENSTONE CLOSE Sold Prices

Land registry data shows four sales for 20 PENSTONE 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 20 PENSTONE 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
2018 30 AUG	£445,000	£523,736	15% below HPI
2015 15 DEC	£300,000	£453,409	34% below HPI
2003 22 AUG	£195,000	£266,238	27% below HPI
1999 1 JUL	£95,000	£135,110	30% below HPI

20 PENSTONE 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 20 PENSTONE CLOSE sales between July 1999 and August 2018 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 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the August 2018 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 20 PENSTONE CLOSE be worth now?

20 PENSTONE CLOSE might now be worth an estimated £517,208.

This is based on house price inflation of 16.2%, between August 2018 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 16.2% inflationary increase is applied to the most recent sale price for 20 PENSTONE CLOSE of £445,000 on 30th August 2018. For the value to have increased from £445,000 to £517,208 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of 20 PENSTONE CLOSE has moved in line with the HPI for detached houses in the Adur local authority area.
• The August 2018 sale price of £445,000 represented a fair market value for the property.
• The size, condition, and specification of 20 PENSTONE CLOSE has not materially changed since August 2018.

How Large is 20 PENSTONE CLOSE?

20 PENSTONE CLOSE is 162m² according to the EPC inspection conducted in February 2013. This puts it in the largest 20% 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 20 PENSTONE CLOSE lies on this distribution: 88% of detached houses houses are smaller than 20 PENSTONE CLOSE, and 12% of houses are larger. Note that EPC data is not available for all properties in Lancing.

20 PENSTONE CLOSE: Plot and Title Map

20 PENSTONE CLOSE sits on a plot of roughly 0.148 of an acre, or 600m². The below map shows the location of 20 PENSTONE 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 20 PENSTONE 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 20 PENSTONE CLOSE?

20 PENSTONE CLOSE is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 20 on PENSTONE CLOSE.