According to the public record, 14, Grinstead Lane, Lancing is a early-century freehold house and with 764 ft2 of internal area and sits on a 352 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Grinstead Lane, Lancing, BN15 is located in the borough of Adur within the BN15 postal district.
14, Grinstead Lane, Lancing has 41 entries in the Land Registry database, most recently in December 2018 and no records in the EPC database.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 14 Grinstead Lane Lancing as £326,769 and the rental value as £1,411 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 14 Grinstead Lane Lancing has increased by £585 (0.2%) and its rental value has increased by £43 per month (3.0%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 14, Grinstead Lane, Lancing is in very good condition we estimate a sale value of £343,108 and rental value of £1,481 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £303,895 and a rental value of £1,312 per month.
If you were able to purchase this property for the estimated value of £326,769, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,606 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 14, Grinstead Lane, Lancing sits on a plot of 352m2.
We have plot size data on 12 out of 18 other houses in the postcode and 14, Grinstead Lane, Lancing sits on the 9th largest plot.
According to HM Land Registry, 14, Grinstead Lane, Lancing was last sold on 06 Dec 2018 for £315,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Dec 2018, the market for similar properties has risen 21.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 14, Grinstead Lane, Lancing within a radius of 267m over the last 2 years.
The most recent example is 67, First Avenue, Lancing, BN15 9QF, a Freehold house which sold for £320,000 in Dec 2022.
Read more about house prices in BN15.
Grinstead Lane, Lancing, BN15 has a total of 112 addresses. According to our analysis of all the public data, 14, Grinstead Lane, Lancing is the 97th largest and the 101st most expensive property on the street.
When compared to the postcode district it is £16k less expensive than the average property in BN15.
14, Grinstead Lane, Lancing has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Feb 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 14, Grinstead Lane, Lancing is Lancing station which is 1.0 km away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 14, Grinstead Lane, Lancing, 47.7% of property is privately owned with a mortgage and 34.4% is privately owned outright.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 14, Grinstead Lane, Lancing, 18.7% of residents are recorded as possessing school level qualifications and 27.7% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 14, Grinstead Lane, Lancing, the average age was 42.8 and the most common age was 12.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 14, Grinstead Lane, Lancing, 0.3% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 14, Grinstead Lane, Lancing, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.