According to the public record, 65, Grinstead Lane, Lancing is a mid-century freehold house and with 2,045 ft2 of internal area and sits on a 773 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Grinstead Lane, Lancing, BN15 is located in the borough of Adur within the BN15 postal district.
65, Grinstead Lane, Lancing has a single entry in the Land Registry database from October 2012 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 65 Grinstead Lane Lancing as £641,505 and the rental value as £2,473 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of 65 Grinstead Lane Lancing has decreased by £3,512 (0.5%) and its rental value has increased by £57 per month (2.3%).
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 65, Grinstead Lane, Lancing is in very good condition we estimate a sale value of £673,580 and rental value of £2,596 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £596,600 and a rental value of £2,300 per month.
If you were able to purchase this property for the estimated value of £641,505, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,153 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, 65, Grinstead Lane, Lancing sits on a plot of 773m2.
We have plot size data on 15 out of 30 other houses in the postcode and 65, Grinstead Lane, Lancing sits on the 5th largest plot.
According to HM Land Registry, 65, Grinstead Lane, Lancing was last sold on 24 Oct 2012 for £355,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2012, the market for similar properties has risen 68.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 65, Grinstead Lane, Lancing within a radius of 220m over the last 2 years.
The most recent example is 91, Grinstead Lane, Lancing, BN15 9DT, a Freehold house which sold for £557,500 in Sep 2021.
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, 65, Grinstead Lane, Lancing is the 3rd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £298k more expensive than the average property in BN15.
65, Grinstead Lane, Lancing has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Jun 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 65, Grinstead Lane, Lancing is Lancing station which is 800 m 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 65, Grinstead Lane, Lancing, 48.1% of property is privately owned outright and 36.6% 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 65, Grinstead Lane, Lancing, 19.1% of residents are recorded as possessing school level qualifications and 29.8% 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 65, 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 65, 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 65, Grinstead Lane, Lancing, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.