5, Cherry Tree Lodge Boundstone Lane, Lancing, BN15 9QH is a leasehold flat built between 1967-1975. The property offers approximately 527 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 £185,420 , which equates to approximately £352 per square foot. It was last sold on 3 Nov 2023 for £195,000. Since then, the value has decreased by £9,580, representing a 4.9% decrease, or approximately 2.3% per year.

The current estimated value of £185,420 is:

  • 48.3% lower than the average property price on Boundstone Lane
  • 9.5% higher than the average in the BN15 9QH postcode area
  • and 45.2% lower than the average price for Lancing as a whole

Based on EPC inspection history, this property has been mostly owner-occupied (3 out of 3 inspections). This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 13 June 2023, the property was recorded as owner-occupied.

View sold house prices in BN15 9QH

Building approximate location

About Property

Type
Flat
Built
1967-1975
Interior Size
527 sq ft
Tenure
Leasehold
Price (estimate)
£185,420
Price Per sq ft (estimate)
£352
Bedroom Count (estimate)
1 bedroom

EPC Summary

5, Cherry Tree Lodge Boundstone Lane, Lancing, Adur, West Sussex, BN15 9QH has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 13 Jun 2023.

This property uses electric room heaters as its main heating source. Electric instantaneous heaters at the point of use are used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 22 Mar 2019. The rating of E remains the same, but the energy efficiency score improved by 6%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to room heaters, electric, changing energy efficiency from average to very poor.
  • The hot water system changed from electric immersion, off-peak to electric instantaneous at point of use, with no change in energy efficiency (very poor).
  • The wall construction or insulation changed from cavity wall, as built, no insulation (assumed) to cavity wall, filled cavity, improving energy efficiency from poor to average.
  • The lighting was updated from low energy lighting in 67% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric instantaneous at point of use
Very Poor
Walls
Cavity wall, filled cavity
Average
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to BN15 9QH

1 st / 11
Price Rank
10% higher than average
6 th / 9
Size Rank
3% smaller than average
1 st / 9
Price Per Sq FT Rank
13% higher than average

Compared to other properties in BN15 9QH , this flat's estimated value ranks 1st out of 11. Based on price per square foot, it ranks 1st out of 9 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 6th out of 9 properties in its postcode area.

Sale History

Today
£185,420
streetscan.co.uk estimate
-5 %
3 Nov 2023
£195,000
Leasehold
+23.4 %
7 Jan 2021
£158,000
Leasehold
+50.5 %
18 Mar 2010
£105,000
Leasehold
+5 %
14 Nov 2003
£100,000
Leasehold
+189.9 %
10 Jan 1997
£34,500
Leasehold
-12.7 %
12 Oct 1995
£39,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 538 sq ft
sale price: £145,000
sale date: 5 Jan 2018
rooms: 2
size: 552 sq ft
sale price: £123,000
sale date: 27 Jul 2012
rooms: 2
size: 529 sq ft
sale price: £109,950
sale date: 29 Jan 2010
rooms: 2
size: 527 sq ft
sale price: £88,000
sale date: 11 Nov 2005
rooms: 2
size: 538 sq ft
sale price: £95,000
sale date: 27 Sep 2005

Data Sources

The property at 5, Cherry Tree Lodge Boundstone Lane, Lancing, BN15 9QH appears six times in the Land Registry records, with the latest transaction recorded on 3 Nov 2023. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 13 Jun 2023. 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.


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