Flat 2, Oaklands, 83 Penhill Road, Lancing, BN15 8HB is a leasehold flat built between 1976-1982. The property offers approximately 355 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 £117,088 , which equates to approximately £330 per square foot. It was last sold on 7 Dec 2012 for £76,000. Since then, the value has increased by £41,088, representing a 54.1% increase, or approximately 4.2% per year.

The current estimated value of £117,088 is:

  • 52.1% lower than the average property price on Penhill Road
  • 49.6% lower than the average in the BN15 8HB postcode area
  • and 65.4% lower than the average price for Lancing as a whole

At the most recent EPC inspection on 22 June 2012, the property was recorded as owner-occupied.

View sold house prices in BN15 8HB

Building approximate location

About Property

Type
Flat
Built
1976-1982
Interior Size
355 sq ft
Tenure
Leasehold
Price (estimate)
£117,088
Price Per sq ft (estimate)
£330
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 2, Oaklands, 83 Penhill Road, Lancing, Adur, West Sussex, BN15 8HB has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 22 Jun 2012.

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
Poor
Walls
Cavity wall, as built, partial insulation (assumed)
Average
Windows
Fully double glazed
Good
Lighting
No low energy lighting
Very Poor

Compared to BN15 8HB

58 th / 71
Price Rank
50% lower than average
40 th / 48
Size Rank
39% smaller than average
33 rd / 48
Price Per Sq FT Rank
17% lower than average

Compared to other properties in BN15 8HB , this flat's estimated value ranks 58th out of 71. Based on price per square foot, it ranks 33th 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 40th out of 48 properties in its postcode area.

Sale History

Today
£117,088
streetscan.co.uk estimate
+54 %
7 Dec 2012
£76,000
Leasehold
-24 %
29 Jun 2007
£100,000
Leasehold
+26.6 %
7 Sep 2004
£79,000
Leasehold
+135.8 %
7 Jan 2000
£33,500
Leasehold
+39.6 %
5 Feb 1998
£24,000
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 2, Oaklands, 83 Penhill Road, Lancing, BN15 8HB appears five times in the Land Registry records, with the latest transaction recorded on 7 Dec 2012. It also has a single Energy Performance Certificate (EPC) from 22 Jun 2012. 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.