According to the public record, 42, Lancing Park, Lancing is a early-century freehold house with 1,162 ft2 of internal area and sits on a 339 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Lancing Park, Lancing, BN15 is located in the borough of Adur within the BN15 postal district.
42, Lancing Park, Lancing has 31 entries in the Land Registry database, most recently in April 2017 and a single entry in the EPC database dated October 2012.
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 42 Lancing Park Lancing as £442,222 and the rental value as £1,793 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 42 Lancing Park Lancing has decreased by £921 (0.2%) and its rental value has increased by £46 per month (2.6%).
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 42, Lancing Park, Lancing is in very good condition we estimate a sale value of £464,333 and rental value of £1,882 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £411,266 and a rental value of £1,667 per month.
If you were able to purchase this property for the estimated value of £442,222, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,173 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, 42, Lancing Park, Lancing sits on a plot of 339m2.
We have plot size data on 22 out of 33 other houses in the postcode and 42, Lancing Park, Lancing sits on the 13th largest plot.
According to HM Land Registry, 42, Lancing Park, Lancing was last sold on 28 Apr 2017 for £345,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Apr 2017, the market for similar properties has risen 21.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 42, Lancing Park, Lancing within a radius of 780 metres over the last 2 years.
The most recent example is 41, Lancing Park, Lancing, BN15 8RF, a Freehold house which sold for £487,500 in Sep 2023.
Read more about house prices in BN15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lancing Park, Lancing, BN15 has a total of 43 addresses. According to our analysis of all the public data, 42, Lancing Park, Lancing is the 17th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £99k more expensive than the average property in BN15.
42, Lancing Park, Lancing has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Oct 2012.
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 42, Lancing Park, Lancing is Lancing station which is 1.0 kilometres 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 42, Lancing Park, Lancing, 49.6% of property is privately owned outright and 33.8% is privately owned with a mortgage.
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 42, Lancing Park, Lancing, 15.5% of residents are recorded as possessing school level qualifications and 27.1% 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 42, Lancing Park, Lancing, the average age was 46.1 and the most common age was 72.
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 42, Lancing Park, 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 42, Lancing Park, 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.