5, MASH BARN LANE, LANCING, BN15 9EE - £370,000

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.

5 MASH BARN LANE is a midsized extended detached house of 91m², built sometime between 1950 and 1966, which could now be worth an estimated £408,631. It was last sold for £370,000 in July 2021, which was around 33% below the average July 2021 detached price in the Adur local authority area. The most recent EPC inspection was February 2021, where the current energy rating was D, and the potential energy rating was C.

5 MASH BARN LANE Sold Prices

Land registry data shows two sales for 5 MASH BARN LANE 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 5 MASH BARN 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 7 JUL	£370,000	£551,173	33% below HPI
1997 31 JAN	£79,995	£96,903	17% below HPI

5 MASH BARN 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 two 5 MASH BARN LANE sales from January 1997 and July 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 January 1997 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the July 2021 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 5 MASH BARN LANE be worth now?

5 MASH BARN LANE might now be worth an estimated £408,631.

This is based on house price inflation of 10.4%, between July 2021 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 10.4% inflationary increase is applied to the most recent sale price for 5 MASH BARN LANE of £370,000 on 7th July 2021. For the value to have increased from £370,000 to £408,631 over the four years and five months to February 2025, the following assumptions must hold true:

• The value of 5 MASH BARN LANE has moved in line with the HPI for detached houses in the Adur local authority area.
• The July 2021 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MASH BARN LANE has not materially changed since July 2021.

How Large is 5 MASH BARN LANE?

5 MASH BARN LANE is 91m², which includes one extension, according to the EPC inspection conducted in February 2021. 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 5 MASH BARN LANE lies on this distribution: 40% of detached houses houses are smaller than 5 MASH BARN LANE, and 59% of houses are larger. Note that EPC data is not available for all properties in Lancing.

5 MASH BARN LANE: Plot and Title Map

5 MASH BARN LANE sits on a plot of roughly 0.083 of an acre, or 334m². The below map shows the location of 5 MASH BARN 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 5 MASH BARN 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 5 MASH BARN LANE?

5 MASH BARN LANE is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 5 on MASH BARN LANE.