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

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

7 NORTHGATE CLOSE is a very small detached house of 64m², built sometime between 1967 and 1975. It was last sold for £280,000 in May 2020, which was around 43% 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	£491,473	43% below HPI
2013 1 FEB	£202,000	£319,671	37% 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 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the May 2020 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

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 in Sompting, based on EPC data. The below chart shows the distribution of detached houses by size in Sompting, and where 7 NORTHGATE CLOSE lies on this distribution: 12% of detached 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.