Flat 3, Regal Forge House, 85 Sompting Road, Lancing, BN15 9LF is a leasehold flat built between 1976-1982. The property offers approximately 495 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 £164,550 , which equates to approximately £332 per square foot. It was last sold on 16 Oct 2023 for £175,000. Since then, the value has decreased by £10,450, representing a 6.0% decrease, or approximately 2.8% per year.

The current estimated value of £164,550 is:

  • 37.1% lower than the average property price on Sompting Road
  • 47.6% lower than the average in the BN15 9LF postcode area
  • and 51.3% lower than the average price for Lancing as a whole

At the most recent EPC inspection on 22 June 2020, the property was recorded as owner-occupied.

View sold house prices in BN15 9LF

Building approximate location

About Property

Type
Flat
Built
1976-1982
Interior Size
495 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£164,550
Price Per sq ft (estimate)
£332
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 3, Regal Forge House, 85 Sompting Road, Lancing, Adur, West Sussex, BN15 9LF has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 22 Jun 2020.

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
Very Poor
Roof
Pitched, 200 mm loft insulation
Good
Walls
Timber frame, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to BN15 9LF

18 th / 18
Price Rank
48% lower than average
8 th / 11
Size Rank
45% smaller than average
8 th / 11
Price Per Sq FT Rank
4% lower than average

Compared to other properties in BN15 9LF , this flat's estimated value ranks 18th out of 18. Based on price per square foot, it ranks 8th out of 11 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 8th out of 11 properties in its postcode area.

Sale History

Today
£164,550
streetscan.co.uk estimate
-6 %
16 Oct 2023
£175,000
Leasehold
+20.7 %
29 Jul 2016
£145,000
Leasehold
+38.1 %
31 Oct 2014
£105,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 484 sq ft
sale price: £175,000
sale date: 14 Dec 2021
rooms: 2
size: 484 sq ft
sale price: £155,000
sale date: 6 Jul 2016
rooms: 2
size: 474 sq ft
sale price: £125,000
sale date: 25 Oct 2013
rooms: 2
size: 495 sq ft
sale price: £200,000
sale date: 9 Jan 2023
rooms: 2
size: 463 sq ft
sale price: £156,000
sale date: 7 May 2019

Data Sources

The property at Flat 3, Regal Forge House, 85 Sompting Road, Lancing, BN15 9LF appears three times in the Land Registry records, with the latest transaction recorded on 16 Oct 2023. It also has a single Energy Performance Certificate (EPC) from 22 Jun 2020. 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.