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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, 8, Penstone Close, Lancing is a mid-century freehold house with 979 ft2 of internal area and sits on a 136 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 8, Penstone Close, Lancing is £340,157 and the estimated rental value is £1,625 per month.
Penstone Close, Lancing, BN15 is located in the borough of Adur within the BN15 postal district.
8, Penstone Close, Lancing has a single entry in the Land Registry from June 2022 and a single entry in the EPC database dated December 2021.
We combine this information with that 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.
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 8, Penstone Close, Lancing is in very good condition we estimate a sale value of £357,165 and a rental value of £1,707 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £316,346 and a rental value of £1,512 per month.
Over the last 12 months the sale value of 8 Penstone Close Lancing has decreased by an estimated £1,811 (0.5%) and its rental value has increased by an estimated £41 per month (2.5%), giving an expected gross yield of 5.7%.
According to data from HM Land Registry, 8, Penstone Close, Lancing sits on a plot of 136m2.
We have plot size data on 9 out of 9 other houses in the postcode and 8, Penstone Close, Lancing sits on the 6th largest plot.
8, Penstone Close, Lancing has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Dec 2021.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 8, Penstone Close, Lancing was last sold on 30th June 2022 for £320,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since June 2022, the market for similar properties has dropped 1.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Penstone Close, Lancing within a radius of 490 metres over the last 2 years.
The most recent example is 24, Penstone Close, Lancing, BN15 9AP, a freehold house which sold for £342,000 on the 30th August 2024.
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, 8, Penstone Close, Lancing is the 6th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £12k less expensive than the average property in BN15.
The closest station to 8, Penstone Close, Lancing is Lancing station which is 300 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 8, Penstone Close, Lancing, 35.4% of property is privately owned with a mortgage and 29.1% is privately 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 8, Penstone Close, Lancing, 18.2% of residents are recorded as possessing school level qualifications and 20.5% 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 8, 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 8, 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 8, Penstone Close, Lancing, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.
