7, PRIORY CLOSE, SOMPTING, LANCING, BN15 0EB - £490,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

7 PRIORY CLOSE is a midsized detached house of 95m², built sometime between 1967 and 1975. It was last sold for £490,000 in September 2022, which was around 18% below the average September 2022 detached price in the Adur local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.

7 PRIORY CLOSE Sold Prices

Land registry data shows three sales for 7 PRIORY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Adur local authority area for the corresponding sale date. The three 7 PRIORY CLOSE sales were a mix of below the average price, and roughly equal to 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
2022 9 SEP	£490,000	£594,074	18% below HPI
1996 9 APR	£79,995	£80,291	Close to HPI
1995 15 NOV	£80,000	£83,696	4% below HPI

7 PRIORY 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 three 7 PRIORY CLOSE sales between November 1995 and September 2022 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 April 1996 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the September 2022 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 7 PRIORY CLOSE?

7 PRIORY CLOSE is 95m² according to the EPC inspection conducted in March 2022. This puts it in the largest 50% 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 PRIORY CLOSE lies on this distribution: 55% of detached houses are smaller than 7 PRIORY CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Sompting.

7 PRIORY CLOSE: Plot and Title Map

7 PRIORY CLOSE sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 7 PRIORY 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 PRIORY 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 PRIORY CLOSE?

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