THE NOOK, INGLESIDE ROAD, LANCING, BN15 8EL - £177,000

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.

THE NOOK is a very small detached house of 51m², built sometime between 1930 and 1949, which could now be worth an estimated £313,128. It was last sold for £177,000 in July 2007, which was around 49% below the average July 2007 detached price in the Adur local authority area. The most recent EPC inspection was October 2010, where the current energy rating was D, and the potential energy rating was C.

THE NOOK Sold Prices

Land registry data shows two sales for THE NOOK 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 THE NOOK 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
2007 12 JUL	£177,000	£344,088	49% below HPI
2001 31 AUG	£91,500	£195,077	53% below HPI

THE NOOK 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 THE NOOK sales from August 2001 and July 2007 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 August 2001 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the July 2007 sale, where it rises to 49% below the HPI. The line then continues to track at 49% below the HPI.

What might THE NOOK be worth now?

THE NOOK might now be worth an estimated £313,128.

This is based on house price inflation of 76.9%, between July 2007 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 76.9% inflationary increase is applied to the most recent sale price for THE NOOK of £177,000 on 12th July 2007. For the value to have increased from £177,000 to £313,128 over the eighteen years and five months to February 2025, the following assumptions must hold true:

• The value of THE NOOK has moved in line with the HPI for detached houses in the Adur local authority area.
• The July 2007 sale price of £177,000 represented a fair market value for the property.
• The size, condition, and specification of THE NOOK has not materially changed since July 2007.

How Large is THE NOOK?

THE NOOK is 51m² according to the EPC inspection conducted in October 2010. This puts it in the smallest 10% 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 THE NOOK lies on this distribution: 1% of detached houses houses are smaller than THE NOOK, and 99% of houses are larger. Note that EPC data is not available for all properties in Lancing.

THE NOOK: Plot and Title Map

THE NOOK sits on a plot of roughly 0.049 of an acre, or 199m². The below map shows the location of THE NOOK, 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 THE NOOK). 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 THE NOOK?

THE NOOK is located on INGLESIDE ROAD in LANCING, in the BN15 postcode district. The below map shows the position of THE NOOK on INGLESIDE ROAD.