2 Cedar Close, Lancing, BN15 8PY is a leasehold flat built between 1967-1975. The property offers approximately 344 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £153,499 , which equates to approximately £446 per square foot. It was last sold on 29 Jul 2014 for £115,000. Since then, the value has increased by £38,499, representing a 33.5% increase, or approximately 2.9% per year.

The current estimated value of £153,499 is:

  • 29.7% lower than the average property price on Cedar Close
  • 35.8% lower than the average in the BN15 8PY postcode area
  • and 54.6% lower than the average price for Lancing as a whole

At the most recent EPC inspection on 28 April 2014, the property was recorded as owner-occupied.

View sold house prices in BN15 8PY

Building approximate location

About Property

Type
Flat
Built
1967-1975
Interior Size
344 sq ft
Tenure
Leasehold
Price (estimate)
£153,499
Price Per sq ft (estimate)
£446
Bedroom Count (estimate)
1 bedroom

EPC Summary

2 Cedar Close, Lancing, Adur, West Sussex, BN15 8PY has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 28 Apr 2014.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Walls
Timber frame, as built, partial insulation (assumed)
Average
Windows
Fully double glazed
Average
Lighting
No low energy lighting
Very Poor

Compared to BN15 8PY

19 th / 20
Price Rank
36% lower than average
14 th / 14
Size Rank
49% smaller than average
1 st / 14
Price Per Sq FT Rank
26% higher than average

Compared to other properties in BN15 8PY , this flat's estimated value ranks 19th out of 20. Based on price per square foot, it ranks 1st out of 14 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 14th out of 14 properties in its postcode area.

Sale History

Today
£153,499
streetscan.co.uk estimate
+33 %
29 Jul 2014
£115,000
Leasehold
+66.8 %
12 Feb 2004
£68,950
Leasehold
+62.2 %
20 Apr 2001
£42,500
Leasehold
+102.4 %
13 Oct 1998
£21,000
Leasehold

Area Insights

Similar Properties Sold Nearby

10 Cedar Close, Lancing, BN15 8PY
rooms: 2
size: 355 sq ft
sale price: £35,000
sale date: 13 Mar 2000

Data Sources

The property at 2 Cedar Close, Lancing, BN15 8PY appears four times in the Land Registry records, with the latest transaction recorded on 29 Jul 2014. It also has a single Energy Performance Certificate (EPC) from 28 Apr 2014. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.
↑