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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
According to the public record, 22, Penstone Close, Lancing is a mid-century freehold house with 721 ft2 of internal area and sits on a 411 m2 plot.
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 22, Penstone Close, Lancing is £306,481 and the estimated rental value is £1,493 per month.
Penstone Close, Lancing, BN15 is located in the borough of Adur within the BN15 postal district.
22, Penstone Close, Lancing has 21 entries in the Land Registry , most recently in September 2017 and a single entry in the EPC database dated May 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 22, Penstone Close, Lancing is in very good condition we estimate a sale value of £321,805 and a rental value of £1,567 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £285,028 and a rental value of £1,388 per month.
Over the last 12 months the sale value of 22 Penstone Close Lancing has decreased by an estimated £1,632 (0.5%) and its rental value has increased by an estimated £38 per month (2.5%), giving an expected gross yield of 5.8%.
According to data from HM Land Registry, 22, Penstone Close, Lancing sits on a plot of 411m2.
We have plot size data on 10 out of 10 other houses in the postcode and 22, Penstone Close, Lancing sits on the 2nd largest plot.
22, Penstone Close, Lancing has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 May 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, 22, Penstone Close, Lancing was last sold on 29th September 2017 for £327,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since September 2017, the market for similar properties has risen 22.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 22, Penstone Close, Lancing within a radius of 490 metres over the last 2 years.
The most recent example is 17, Penstone Park, Lancing, BN15 9AJ, a freehold house which sold for £315,000 on the 24th October 2023.
Read more about house prices in BN15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Penstone Close, Lancing, BN15 has a total of 19 addresses. According to our analysis of all the public data, 22, Penstone Close, Lancing is the 19th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £46k less expensive than the average property in BN15.
The closest station to 22, Penstone Close, Lancing is Lancing station which is 400 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 22, Penstone Close, Lancing, 44.4% of property is privately owned outright and 35.0% 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 22, Penstone Close, Lancing, 19.5% of residents are recorded as possessing school level qualifications and 19.1% 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 22, Penstone Close, 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 22, Penstone Close, 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 22, Penstone Close, 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.
