26, WESTERN CLOSE, LANCING, BN15 8RU - £340,000

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.

26 WESTERN CLOSE is a midsized extended detached house of 95m², built sometime between 1930 and 1949, which could now be worth an estimated £374,106. It was last sold for £340,000 in December 2020, which was around 39% below the average December 2020 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.

26 WESTERN CLOSE Sold Prices

Land registry data shows two sales for 26 WESTERN CLOSE 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 26 WESTERN 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
2020 11 DEC	£340,000	£553,225	39% below HPI
1999 22 OCT	£82,000	£140,076	41% below HPI

26 WESTERN 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 two 26 WESTERN CLOSE sales from October 1999 and December 2020 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 October 1999 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the December 2020 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 26 WESTERN CLOSE be worth now?

26 WESTERN CLOSE might now be worth an estimated £374,106.

This is based on house price inflation of 10%, between December 2020 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 10% inflationary increase is applied to the most recent sale price for 26 WESTERN CLOSE of £340,000 on 11th December 2020. For the value to have increased from £340,000 to £374,106 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 26 WESTERN CLOSE has moved in line with the HPI for detached houses in the Adur local authority area.
• The December 2020 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 26 WESTERN CLOSE has not materially changed since December 2020.

How Large is 26 WESTERN CLOSE?

26 WESTERN CLOSE is 95m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the smallest 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 26 WESTERN CLOSE lies on this distribution: 44% of detached houses houses are smaller than 26 WESTERN CLOSE, and 55% of houses are larger. Note that EPC data is not available for all properties in Lancing.

26 WESTERN CLOSE: Plot and Title Map

26 WESTERN CLOSE sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 26 WESTERN 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 26 WESTERN 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 26 WESTERN CLOSE?

26 WESTERN CLOSE is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 26 on WESTERN CLOSE.