Flat 9, 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 and is situated on the 3rd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £161,505 , which equates to approximately £455 per square foot. It was last sold on 8 Jul 2022 for £173,500. Since then, the value has decreased by £11,995, representing a 6.9% decrease, or approximately 2.0% per year.

The current estimated value of £161,505 is:

  • 34.0% lower than the average property price on Penhill Road
  • 30.5% lower than the average in the BN15 8HB postcode area
  • and 52.2% lower than the average price for Lancing as a whole

At the most recent EPC inspection on 17 May 2010, 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
Floor level
3rd floor
Price (estimate)
£161,505
Price Per sq ft (estimate)
£455
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 9, 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 5 Jul 2018.

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 17 May 2010. The rating of D is unchanged, though the energy efficiency score decreased by 4.8%.

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 poor to very poor.
  • The hot water energy efficiency changing from average to poor, while the system remained as electric immersion, off-peak.
  • The roof construction or insulation changed from pitched, 100 mm loft insulation to pitched, 150 mm loft insulation, improving energy efficiency from average to good.
  • The wall construction or insulation changed from cavity wall, as built, insulated (assumed) to cavity wall, as built, partial insulation (assumed), changing energy efficiency from good to average.
  • The windows were upgraded from single glazed to fully double glazed.
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Roof
Pitched, 150 mm loft insulation
Good
Walls
Cavity wall, as built, partial insulation (assumed)
Average
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to BN15 8HB

52 nd / 71
Price Rank
31% lower than average
44 th / 48
Size Rank
39% smaller than average
9 th / 48
Price Per Sq FT Rank
14% higher than average

Compared to other properties in BN15 8HB , this flat's estimated value ranks 52th out of 71. Based on price per square foot, it ranks 9th out of 48 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 44th out of 48 properties in its postcode area.

Sale History

Today
£161,505
streetscan.co.uk estimate
-7 %
8 Jul 2022
£173,500
Leasehold
+111.6 %
11 Aug 2010
£82,000
Leasehold
+13.9 %
28 May 2004
£72,000
Leasehold
+7.5 %
31 Jul 2003
£67,000
Leasehold
+188.2 %
15 Jan 1998
£23,250
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 4, Oaklands, 83 Penhill Road, Lancing, BN15 8HB
rooms: 1
size: 355 sq ft
sale price: £143,000
sale date: 31 Mar 2025
Flat 1, Oaklands, 83 Penhill Road, Lancing, BN15 8HB
rooms: 1
size: 355 sq ft
sale price: £153,000
sale date: 20 Jan 2023
Flat 10, Hazelwood Lodge, 85 Penhill Road, Lancing, BN15 8HB
rooms: 2
size: 355 sq ft
sale price: £152,500
sale date: 28 May 2021
Flat 9, Hazelwood Lodge, 85 Penhill Road, Lancing, BN15 8HB
rooms: 1
size: 355 sq ft
sale price: £110,000
sale date: 24 Mar 2016
Flat 6, Oaklands, 83 Penhill Road, Lancing, BN15 8HB
rooms: 1
size: 355 sq ft
sale price: £105,000
sale date: 26 Jun 2015

Data Sources

The property at Flat 9, Oaklands, 83 Penhill Road, Lancing, BN15 8HB appears five times in the Land Registry records, with the latest transaction recorded on 8 Jul 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 5 Jul 2018. 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.
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