40, Loose Lane
40, Loose Lane
Description & Estimates
The public record describes 40, Loose Lane, Lancing as an early-century house with 1,302 ft2 of internal area.
In this area, houses of this size normally have 4 bedrooms with a garden.
40, Loose Lane, Lancing has an estimated sale value of £383,306 and an estimated rental value of £1,888 per month, assuming reasonable condition and based on the information available.
Loose Lane, Sompting, Lancing, BN15 lies in the borough of Adur, within the BN15 postal district.
Our Data Sources
40, Loose Lane, Lancing has no recent1 records in the the Land Registry and a single entry in the EPC database dated March 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 40, Loose Lane, Lancing would be worth £402,471, with a potential rental value of £1,983 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £356,474, with a rental value of £1,756 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 40, Loose Lane, Lancing has declined by £7,541 (2.0%) over the last year. During the same period, its estimated monthly rental value has climbed by £31 (1.7%). The property's estimated gross yield is currently 5.9%.
Energy Efficiency
40, Loose Lane, Lancing has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Mar 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas, Boiler and radiators, mains gas.
Sold Prices
40, Loose Lane, Lancing last changed hands on 9th January 2006, selling for £117,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
- Sold Jan 2006£117,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 800 metres of 40, Loose Lane, Lancing across the last 2 years.
Most recently, 40, Malthouse Close, Lancing, BN15 0EF, a freehold house, sold at £385,000 on the 28th March 2024.
Read more about house prices in BN15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 40, Loose Lane, Lancing as the largest and the 3rd most expensive of the 48 addresses on Loose Lane, Sompting, Lancing, BN15.
Against the BN15 postcode district average, it is £36k more expensive than the typical property.
More reading links
Schools Nearby
- 100mSompting Village Primary School
- 1.1kmBramber Primary School
- 1.3kmThe Globe Primary Academy
- 1.1kmThe Sir Robert Woodard Academy
- 1.6kmDavison Church of England High School for Girls, Worthing
- 1.9kmSt Andrew's CofE High School
More reading links
Public Transport Nearby
East Worthing station is the nearest stop to 40, Loose Lane, Lancing at 1.4 kilometres away.
- 1.4kmEast Worthing
- 1.7kmLancing
- 2.7kmWorthing
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
