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Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Penstone Park, Lancing is £421,869 and the estimated rental value is £1,693 per month.
Penstone Park, Lancing, BN15 is located in the borough of Adur within the BN15 postal district.
2, Penstone Park, Lancing has 21 entries in the Land Registry , most recently in July 2017 and a single entry in the EPC database dated April 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
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 2, Penstone Park, Lancing is in very good condition we estimate a sale value of £442,963 and a rental value of £1,777 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £392,338 and a rental value of £1,574 per month.
Over the last 12 months the sale value of 2 Penstone Park Lancing has decreased by an estimated £2,246 (0.5%) and its rental value has increased by an estimated £43 per month (2.5%), giving an expected gross yield of 4.8%.
According to data from HM Land Registry, 2, Penstone Park, Lancing sits on a plot of 383m2.
We have plot size data on 16 out of 16 other houses in the postcode and 2, Penstone Park, Lancing sits on the 8th largest plot.
2, Penstone Park, Lancing has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Apr 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Penstone Park, Lancing was last sold on 14th July 2017 for £300,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since July 2017, the market for similar properties has risen 29.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Penstone Park, Lancing within a radius of 500 metres over the last 2 years.
The most recent example is 1, Penstone Park, Lancing, BN15 9AG, a freehold house which sold for £415,000 on the 23rd September 2024.
Read more about house prices in BN15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Penstone Park, Lancing, BN15 has a total of 92 addresses. According to our analysis of all the public data, 2, Penstone Park, Lancing is the 19th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £69k more expensive than the average property in BN15.
The closest station to 2, Penstone Park, Lancing is Lancing station which is 100 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2, Penstone Park, Lancing, 32.2% of property is privately owned outright and 26.3% is socially rented.
The graph below shows how this compares to South East 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 2, Penstone Park, Lancing, 11.1% of residents are recorded as possessing school level qualifications and 23.9% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Penstone 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 2, Penstone Park, Lancing, 0.9% 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 2, Penstone Park, Lancing, there are an average of 0.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.