Flat 2, Penhill Lodge, 87 Penhill Road, Lancing, BN15 8HB is a leasehold flat built between 2003-2006. The property offers approximately 547 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 £205,741 , which equates to approximately £375 per square foot. It was last sold on 21 Dec 2009 for £130,000. Since then, the value has increased by £75,741, representing a 58.3% increase, or approximately 3.6% per year.

The current estimated value of £205,741 is:

  • 15.9% lower than the average property price on Penhill Road
  • 11.5% lower than the average in the BN15 8HB postcode area
  • and 39.2% 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 24 February 2011, the property was recorded as owner-occupied.

View sold house prices in BN15 8HB

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
547 sq ft
Tenure
Leasehold
Price (estimate)
£205,741
Price Per sq ft (estimate)
£375
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 2, Penhill Lodge, 87 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 24 Feb 2011.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 26 Jun 2009, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 3.7%.

Since the previous assessment, several changes were observed:

  • The wall construction or insulation changed from timber frame, as built, insulated (assumed) to cavity wall, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 10% of fixed outlets to no low energy lighting, with efficiency changing from poor to very poor.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
No low energy lighting
Very Poor

Compared to BN15 8HB

38 th / 71
Price Rank
11% lower than average
23 rd / 48
Size Rank
6% smaller than average
29 th / 48
Price Per Sq FT Rank
6% lower than average

Compared to other properties in BN15 8HB , this flat's estimated value ranks 38th out of 71. Based on price per square foot, it ranks 29th out of 48 properties. In terms of size, this home ranks 23th out of 48 properties in its postcode area.

Sale History

Today
£205,741
streetscan.co.uk estimate
+58 %
21 Dec 2009
£130,000
Leasehold
-6.5 %
21 Jul 2006
£138,995
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 484 sq ft
sale price: £212,500
sale date: 6 Jun 2023
rooms: 2
size: 549 sq ft
sale price: £205,000
sale date: 27 Nov 2020
rooms: 3
size: 549 sq ft
sale price: £200,000
sale date: 2 Aug 2019
rooms: 3
size: 560 sq ft
sale price: £205,000
sale date: 17 May 2019
rooms: 3
size: 538 sq ft
sale price: £197,500
sale date: 5 Feb 2018

Data Sources

The property at Flat 2, Penhill Lodge, 87 Penhill Road, Lancing, BN15 8HB appears two times in the Land Registry records, with the latest transaction recorded on 21 Dec 2009. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 24 Feb 2011. 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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