WESTCROFT, WEST STREET, SOMPTING, LANCING, BN15 0AX - £960,000

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

WESTCROFT is a very large extended detached house of 246m², built sometime between 1930 and 1949. It was last sold for £960,000 in June 2022, which was around 69% above the average June 2022 detached price in the Adur local authority area. The most recent EPC inspection was December 2021, where the current energy rating was D, and the potential energy rating was C.

WESTCROFT Sold Prices

Land registry data shows two sales for WESTCROFT 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 WESTCROFT sales were 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
2022 30 JUN	£960,000	£567,443	69% above HPI
2007 9 MAY	£450,000	£308,368	46% above HPI

WESTCROFT 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 WESTCROFT sales from May 2007 and June 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 May 2007 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the June 2022 sale, where it rises to 69% above the HPI. The line then continues to track at 69% above the HPI.

How Large is WESTCROFT?

WESTCROFT is 246m², which includes two extensions, according to the EPC inspection conducted in December 2021. This puts it in the largest 10% of detached houses in Sompting, based on EPC data. The below chart shows the distribution of detached houses by size in Sompting, and where WESTCROFT lies on this distribution: 99% of detached houses are smaller than WESTCROFT, and 1% of houses are larger. Note that EPC data is not available for all properties in Sompting.

WESTCROFT: Plot and Title Map

WESTCROFT sits on a plot of roughly 0.276 of an acre, or 1,115m². The below map shows the location of WESTCROFT, 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 WESTCROFT). 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 WESTCROFT?

WESTCROFT is located on WEST STREET in SOMPTING, in the BN15 postcode district. The below map shows the position of WESTCROFT on WEST STREET.