Flat 8, Oaklands, 83 Penhill Road, Lancing, BN15 8HB is a leasehold flat built between 1991-1995. The property offers approximately 355 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £102,711 , which equates to approximately £289 per square foot. It was last sold on 8 Jun 2000 for £33,500. Since then, the value has increased by £69,211, representing a 206.6% increase, or approximately 8.1% per year.

The current estimated value of £102,711 is:

  • 58.0% lower than the average property price on Penhill Road
  • 55.8% lower than the average in the BN15 8HB postcode area
  • and 69.6% 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
1991-1995
Interior Size
355 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£102,711
Price Per sq ft (estimate)
£289
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 8, 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 7 Mar 2022.

This property uses electric room heaters as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 19 Jan 2012, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 11.3%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to room heaters, electric, changing energy efficiency from average to very poor.
  • The hot water system was changed from electric immersion, off-peak to electric immersion, standard tariff, with its energy efficiency changing from poor to very poor.
  • The lighting was changed from low energy lighting in 80% of fixed outlets to low energy lighting in all fixed outlets, with no change in efficiency (very good).
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to BN15 8HB

70 th / 71
Price Rank
56% lower than average
34 th / 48
Size Rank
39% smaller than average
47 th / 48
Price Per Sq FT Rank
27% lower than average

Compared to other properties in BN15 8HB , this flat's estimated value ranks 70th out of 71. Based on price per square foot, it ranks 47th 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 34th out of 48 properties in its postcode area.

Sale History

Today
£102,711
streetscan.co.uk estimate
+207 %
8 Jun 2000
£33,500
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 8, Oaklands, 83 Penhill Road, Lancing, Adur, West Sussex, BN15 8HB appears once in the Land Registry records, with the transaction recorded on 8 Jun 2000. 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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