Flat 10, Oaklands, 83 Penhill Road, Lancing, BN15 8HB is a leasehold flat built between 1983-1990. The property offers approximately 355 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £116,709 , which equates to approximately £329 per square foot. It was last sold on 17 Apr 1998 for £25,000. Since then, the value has increased by £91,709, representing a 366.8% increase, or approximately 13.3% per year.

The current estimated value of £116,709 is:

  • 52.3% lower than the average property price on Penhill Road
  • 49.8% lower than the average in the BN15 8HB postcode area
  • and 65.5% lower than the average price for Lancing as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. 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 7 March 2022, the property was recorded as owner-occupied.

View sold house prices in BN15 8HB

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
355 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£116,709
Price Per sq ft (estimate)
£329
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 10, Oaklands, 83 Penhill Road, Lancing, Adur, West Sussex, BN15 8HB has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 7 Mar 2022.

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

The previous EPC assessment was conducted on 11 May 2011, when the property was rated F. Since then, the rating has improved to C, with the energy efficiency score increasing by 109.1%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from electric immersion, standard tariff to electric immersion, off-peak, with its energy efficiency improving from very poor to poor.
  • The roof construction or insulation changed from pitched, 100 mm loft insulation to pitched, 75 mm loft insulation, with no change in energy efficiency (average).
  • The wall construction or insulation changed from cavity wall, as built, insulated (assumed) to timber frame, as built, insulated (assumed), with no change in energy efficiency (good).
  • The windows were upgraded from partial double glazing to fully double glazed.
  • The lighting was updated from low energy lighting in 33% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Roof
Pitched, 75 mm loft insulation
Average
Walls
Timber frame, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to BN15 8HB

68 th / 71
Price Rank
50% lower than average
46 th / 48
Size Rank
39% smaller than average
42 nd / 48
Price Per Sq FT Rank
18% lower than average

Compared to other properties in BN15 8HB , this flat's estimated value ranks 68th out of 71. Based on price per square foot, it ranks 42th out of 48 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 46th out of 48 properties in its postcode area.

Sale History

Today
£116,709
streetscan.co.uk estimate
+367 %
17 Apr 1998
£25,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 1
size: 355 sq ft
sale price: £143,000
sale date: 31 Mar 2025
rooms: 1
size: 355 sq ft
sale price: £153,000
sale date: 20 Jan 2023
rooms: 2
size: 355 sq ft
sale price: £173,500
sale date: 8 Jul 2022
rooms: 2
size: 355 sq ft
sale price: £152,500
sale date: 28 May 2021
rooms: 1
size: 355 sq ft
sale price: £110,000
sale date: 24 Mar 2016

Data Sources

The property at Flat 10, Oaklands, 83 Penhill Road, Lancing, Adur, West Sussex, BN15 8HB appears once in the Land Registry records, with the transaction recorded on 17 Apr 1998. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 7 Mar 2022. 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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