Flat 1, Ryecroft Court, 24 Penhill Road, Lancing, BN15 8HJ is a leasehold flat built between 1976-1982. The property offers approximately 484 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 £156,969 , which equates to approximately £324 per square foot. It was last sold on 3 Feb 2017 for £147,000. Since then, the value has increased by £9,969, representing a 6.8% increase, or approximately 0.8% per year.

The current estimated value of £156,969 is:

  • 35.8% lower than the average property price on Penhill Road
  • 28.9% lower than the average in the BN15 8HJ postcode area
  • and 53.6% lower than the average price for Lancing as a whole

At the most recent EPC inspection on 29 June 2016, the property was recorded as owner-occupied.

View sold house prices in BN15 8HJ

Building approximate location

About Property

Type
Flat
Built
1976-1982
Interior Size
484 sq ft
Tenure
Leasehold
Price (estimate)
£156,969
Price Per sq ft (estimate)
£324
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 1, Ryecroft Court, 24 Penhill Road, Lancing, Adur, West Sussex, BN15 8HJ has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 29 Jun 2016.

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

The previous EPC assessment was conducted on 25 Sep 2013, when the property was rated D. The current rating of E reflects a decline in energy efficiency of 25%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from average to poor, while the heating system type remained the same (electric storage heaters).
  • The hot water energy efficiency changing from poor to very poor, while the system remained as electric immersion, off-peak.
  • The wall construction or insulation changed from cavity wall, filled cavity to cavity wall, as built, partial insulation (assumed), changing energy efficiency from good to average.
  • The windows were upgraded from fully double glazed to single glazed.
  • The lighting was updated from no low energy lighting to low energy lighting in 63% of fixed outlets, with efficiency improving from very poor to good.
Heating Type
Electric storage heaters
Poor
Hot Water
Electric immersion, off-peak
Very Poor
Walls
Cavity wall, as built, partial insulation (assumed)
Average
Windows
Single glazed
Very Poor
Lighting
Low energy lighting in 63% of fixed outlets
Good

Compared to BN15 8HJ

15 th / 34
Price Rank
29% lower than average
13 th / 33
Size Rank
23% smaller than average
15 th / 33
Price Per Sq FT Rank
7% lower than average

Compared to other properties in BN15 8HJ , this flat's estimated value ranks 15th out of 34. Based on price per square foot, it ranks 15th out of 33 properties. In terms of size, this home ranks 13th out of 33 properties in its postcode area.

Sale History

Today
£156,969
streetscan.co.uk estimate
+7 %
3 Feb 2017
£147,000
Leasehold
+13.1 %
5 Dec 2007
£130,000
Leasehold
+30.7 %
14 Sep 2005
£99,500
Leasehold
+2.1 %
5 Nov 2003
£97,500
Leasehold
+100 %
4 May 2000
£48,750
Leasehold
+68.1 %
18 Jun 1996
£29,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 474 sq ft
sale price: £160,000
sale date: 18 Oct 2024
rooms: 2
size: 495 sq ft
sale price: £162,000
sale date: 16 Oct 2023
rooms: 2
size: 463 sq ft
sale price: £173,000
sale date: 6 Oct 2023
rooms: 2
size: 474 sq ft
sale price: £165,000
sale date: 1 Jul 2022
rooms: 2
size: 474 sq ft
sale price: £167,500
sale date: 18 May 2021

Data Sources

The property at Flat 1, Ryecroft Court, 24 Penhill Road, Lancing, BN15 8HJ appears six times in the Land Registry records, with the latest transaction recorded on 3 Feb 2017. It also has four Energy Performance Certificates (EPC) entries, the earliest dating back to 29 Jun 2016. 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.