According to the public record, 32, North Farm Road, Lancing is a early-century freehold house with 914 ft2 of internal area and sits on a 449 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
North Farm Road, Lancing, BN15 is located in the borough of Adur within the BN15 postal district.
32, North Farm Road, Lancing has a single entry in the Land Registry database from February 2012 and a single entry in the EPC database dated May 2023.
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 32 North Farm Road Lancing as £353,974 and the rental value as £1,531 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 32 North Farm Road Lancing has increased by £614 (0.2%) and its rental value has increased by £47 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 32, North Farm Road, Lancing is in very good condition we estimate a sale value of £371,673 and rental value of £1,608 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £329,196 and a rental value of £1,424 per month.
If you were able to purchase this property for the estimated value of £353,974, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,740 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, 32, North Farm Road, Lancing sits on a plot of 449m2.
We have plot size data on 15 out of 28 other houses in the postcode and 32, North Farm Road, Lancing sits on the largest plot.
According to HM Land Registry, 32, North Farm Road, Lancing was last sold on 24 Feb 2012 for £185,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2012, the market for similar properties has risen 75.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 32, North Farm Road, Lancing within a radius of 500 metres over the last 2 years.
The most recent example is 6, Monks Close, Lancing, BN15 9DD, a Freehold house which sold for £350,000 in May 2022.
Read more about house prices in BN15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
North Farm Road, Lancing, BN15 has a total of 136 addresses. According to our analysis of all the public data, 32, North Farm Road, Lancing is the 44th largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £11k more expensive than the average property in BN15.
32, North Farm Road, Lancing has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 May 2023.
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 32, North Farm Road, Lancing is Lancing station which is 400 metres 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 32, North Farm Road, Lancing, 44.4% of property is privately owned with a mortgage and 39.4% 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 32, North Farm Road, Lancing, 15.0% of residents are recorded as possessing school level qualifications and 25.3% 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 32, North Farm Road, Lancing, the average age was 45.7 and the most common age was 52.
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 32, North Farm Road, Lancing, 0.0% 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 32, North Farm Road, 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.