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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 2, Ring Road, Lancing is a modern freehold house with 2,443 ft2 of internal area and sits on a 843 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Ring Road, Lancing is £948,733 and the estimated rental value is £3,472 per month.
Ring Road, Lancing, BN15 is located in the borough of Adur within the BN15 postal district.
2, Ring Road, Lancing has 2 entries in the Land Registry , most recently in July 2019 and a single entry in the EPC database dated September 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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, Ring Road, Lancing is in very good condition we estimate a sale value of £996,170 and a rental value of £3,646 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £882,322 and a rental value of £3,229 per month.
Over the last 12 months the sale value of 2 Ring Road Lancing has decreased by an estimated £18,943 (2.0%) and its rental value has increased by an estimated £45 per month (1.3%), giving an expected gross yield of 4.4%.
According to data from HM Land Registry, 2, Ring Road, Lancing sits on a plot of 843m2.
We have plot size data on 27 out of 29 other houses in the postcode and 2, Ring Road, Lancing sits on the 5th largest plot.
2, Ring Road, Lancing has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Sep 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, Ring Road, Lancing was last sold on 19th July 2019 for £874,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since July 2019, the market for similar properties has dropped 4.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Ring Road, Lancing within a radius of 880 metres over the last 2 years.
The most recent example is 20, Ring Road, Lancing, BN15 0QE, a freehold house which sold for £780,000 on the 28th January 2021.
Read more about house prices in BN15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ring Road, Lancing, BN15 has a total of 61 addresses. According to our analysis of all the public data, 2, Ring Road, Lancing is the 3rd largest and the 5th most expensive property on the street.
When compared to the postcode district it is £596k more expensive than the average property in BN15.
The closest station to 2, Ring Road, Lancing is Lancing station which is 1.7 kilometres 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Ring Road, Lancing, 57.3% of property is privately owned outright and 37.0% is privately owned with a mortgage.
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, Ring Road, Lancing, 15.3% of residents are recorded as possessing school level qualifications and 40.6% 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, Ring Road, 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 2, Ring Road, Lancing, 1.8% 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, Ring Road, Lancing, there are an average of 1.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.
