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
9 WIDEWATER CLOSE is a midsized extended detached house of 93m², built sometime between 1950 and 1966. It was last sold for £410,000 in January 2023, which was around 30% below the average January 2023 detached price in the Adur local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows six sales for 9 WIDEWATER CLOSE since 1st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Adur local authority area for the corresponding sale date. All of the six 9 WIDEWATER 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 |
---|---|---|---|
2023 17 JAN | £410,000 | £583,312 | 30% below HPI |
2007 8 JAN | £184,950 | £289,990 | 36% below HPI |
2000 24 OCT | £117,000 | £162,488 | 28% below HPI |
1998 9 JAN | £78,000 | £110,771 | 30% below HPI |
1996 4 APR | £58,000 | £80,291 | 28% below HPI |
1995 25 AUG | £55,000 | £84,307 | 35% below HPI |
The below graph shows the average detached house price in the Adur local authority area over time, sourced from the HPI. The six 9 WIDEWATER CLOSE sales between August 1995 and January 2023 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 2007 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the January 2023 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.
9 WIDEWATER CLOSE is 93m², which includes one extension, according to the EPC inspection conducted in July 2022. This puts it in the smallest 50% of detached houses in Lancing, based on EPC data. The below chart shows the distribution of detached houses by size in Lancing, and where 9 WIDEWATER CLOSE lies on this distribution: 42% of detached houses are smaller than 9 WIDEWATER CLOSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Lancing.
9 WIDEWATER CLOSE sits on a plot of roughly 0.088 of an acre, or 358m². The below map shows the location of 9 WIDEWATER 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 9 WIDEWATER 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.
9 WIDEWATER CLOSE is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 9 on WIDEWATER CLOSE.