ROSE COTTAGE, ALMA STREET, LANCING, BN15 8AX - £330,000

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.

ROSE COTTAGE is a small extended detached house of 85m², built sometime before 1900, which could now be worth an estimated £329,352. It was last sold for £330,000 in June 2024, which was around 46% below the average June 2024 detached price in the Adur local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was B.

ROSE COTTAGE Sold Prices

Land registry data shows three sales for ROSE COTTAGE 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. All of the three ROSE COTTAGE 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
2024 7 JUN	£330,000	£609,917	46% below HPI
2000 15 DEC	£111,500	£175,111	36% below HPI
1997 10 OCT	£68,000	£115,288	41% below HPI

ROSE COTTAGE 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 ROSE COTTAGE sales between October 1997 and June 2024 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 December 2000 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the June 2024 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

What might ROSE COTTAGE be worth now?

ROSE COTTAGE might now be worth an estimated £329,352.

This is based on house price deflation of 0.2%, between June 2024 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 0.2% deflationary decrease is applied to the most recent sale price for ROSE COTTAGE of £330,000 on 7th June 2024. For the value to have decreased from £330,000 to £329,352 over the one year and four months to February 2025, the following assumptions must hold true:

• The value of ROSE COTTAGE has moved in line with the HPI for detached houses in the Adur local authority area.
• The June 2024 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of ROSE COTTAGE has not materially changed since June 2024.

How Large is ROSE COTTAGE?

ROSE COTTAGE is 85m², which includes one extension, according to the EPC inspection conducted in September 2022. This puts it in the smallest 40% of detached houses houses in Lancing, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lancing, and where ROSE COTTAGE lies on this distribution: 34% of detached houses houses are smaller than ROSE COTTAGE, and 66% of houses are larger. Note that EPC data is not available for all properties in Lancing.

ROSE COTTAGE: Plot and Title Map

ROSE COTTAGE sits on a plot of roughly 0.036 of an acre, or 145m². The below map shows the location of ROSE COTTAGE, 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 ROSE COTTAGE). 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 ROSE COTTAGE?

ROSE COTTAGE is located on ALMA STREET in LANCING, in the BN15 postcode district. The below map shows the position of ROSE COTTAGE on ALMA STREET.