7, NORTHGATE CLOSE, SOMPTING, LANCING, BN15 9XA - £280,000

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.

7 NORTHGATE CLOSE is a very small detached house of 64m², built sometime between 1967 and 1975, which could now be worth an estimated £320,617. It was last sold for £280,000 in May 2020, which was around 47% below the average May 2020 detached price in the Adur local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was B.

7 NORTHGATE CLOSE Sold Prices

Land registry data shows two sales for 7 NORTHGATE 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 7 NORTHGATE 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 29 MAY	£280,000	£531,605	47% below HPI
2013 1 FEB	£202,000	£345,774	42% below HPI

7 NORTHGATE 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 7 NORTHGATE CLOSE sales from February 2013 and May 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 February 2013 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the May 2020 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

What might 7 NORTHGATE CLOSE be worth now?

7 NORTHGATE CLOSE might now be worth an estimated £320,617.

This is based on house price inflation of 14.5%, between May 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 14.5% inflationary increase is applied to the most recent sale price for 7 NORTHGATE CLOSE of £280,000 on 29th May 2020. For the value to have increased from £280,000 to £320,617 over the five years and three months to February 2025, the following assumptions must hold true:

• The value of 7 NORTHGATE CLOSE has moved in line with the HPI for detached houses in the Adur local authority area.
• The May 2020 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 7 NORTHGATE CLOSE has not materially changed since May 2020.

How Large is 7 NORTHGATE CLOSE?

7 NORTHGATE CLOSE is 64m² according to the EPC inspection conducted in September 2012. This puts it in the smallest 20% of detached houses houses in Sompting, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sompting, and where 7 NORTHGATE CLOSE lies on this distribution: 12% of detached houses houses are smaller than 7 NORTHGATE CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Sompting.

7 NORTHGATE CLOSE: Plot and Title Map

7 NORTHGATE CLOSE sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 7 NORTHGATE 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 7 NORTHGATE 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 7 NORTHGATE CLOSE?

7 NORTHGATE CLOSE is located in SOMPTING, in the BN15 postcode district. The below map shows the position of No. 7 on NORTHGATE CLOSE.