8, PRIORY CLOSE, SOMPTING, LANCING, BN15 0EB - £268,000

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

8 PRIORY CLOSE is a very large extended detached house of 130m², built sometime between 1976 and 1982. It was last sold for £268,000 in April 2012, which was around 16% below the average April 2012 detached price in the Adur local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was C.

8 PRIORY CLOSE Sold Prices

Land registry data shows two sales for 8 PRIORY 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. One of the two 8 PRIORY CLOSE sales was for below the average price, whilst the other was for above 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
2012 4 APR	£268,000	£317,813	16% below HPI
1995 17 NOV	£95,967	£83,696	15% above HPI

8 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 two 8 PRIORY CLOSE sales from November 1995 and April 2012 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 November 1995 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the April 2012 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 8 PRIORY CLOSE?

8 PRIORY CLOSE is 130m², which includes one extension, according to the EPC inspection conducted in September 2011. This puts it in the largest 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 8 PRIORY CLOSE lies on this distribution: 85% of detached houses are smaller than 8 PRIORY CLOSE, and 15% of houses are larger. Note that EPC data is not available for all properties in Sompting.

8 PRIORY CLOSE: Plot and Title Map

8 PRIORY CLOSE sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 8 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 8 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 8 PRIORY CLOSE?

8 PRIORY CLOSE is located in SOMPTING, in the BN15 postcode district. The below map shows the position of No. 8 on PRIORY CLOSE.