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House Prices in BN15 House Prices in BN15 (Lancing)

The average house price in BN15 (Lancing) is £328,760 using HM Land Registry data.

The average property price increased by £76,243 (15.07%) over the last 5 years and increased by £15,273 (2.45%) over the last 12 months.

Over the last year, there were 318 residential property sales – a decrease of 57 transactions (-17.92%) relative to the previous year. The majority of house sales (103) were in the £304,000 - £356,000 range. Then came properties in the £356,000 - £408,000 range, where 50 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 172 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,886 (-2%).

In January 2025, there were 89 new estate agency instructions, 69 agreed home sales and 51 property price reductions.

Nearby Postcodes: BN11, BN12, BN13, BN14, BN41, BN42, BN43, BN44, BN5, RH13, RH20

5-Year Average Property Prices in BN15 (Lancing)

15.07%

Property prices in BN15 (Lancing) increased by 15.07% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in BN15 (Lancing) Over the Last Year

2.45%

Property prices in BN15 (Lancing) increased by 2.45% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for BN15 (Lancing) - January 2025

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in BN15 (Lancing)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in BN15 (Lancing)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in BN15 (Lancing)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the BN15 (Lancing) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the BN15 postcode area since 1995.

Recent Sales in BN15 (Lancing)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
12 Dankton Lane, Sompting, Lancing, West Sussex, BN15 0EA£325,000£317,000-£8,00029 May 202406 Dec 2024191 Days
36a, West Lane, Lancing, West Sussex, BN15 9RS£325,000£325,000£017 Sep 202402 Dec 202476 Days
18 Sedbury Road, Sompting, Lancing, West Sussex, BN15 0LL£425,000£425,000£021 Jun 202429 Nov 2024161 Days
4 Freshbrook Close, Lancing, West Sussex, BN15 8BW£450,000£430,000-£20,00019 Jul 202414 Nov 2024118 Days
72 Busticle Lane, Sompting, Lancing, West Sussex, BN15 0DL£300,000£300,000£004 May 202408 Nov 2024188 Days
6 Cowley Drive, Lancing, West Sussex, BN15 8DJ£350,000£337,525-£12,47525 Sep 202406 Nov 202442 Days
45 Bushby Close, Sompting, Lancing, West Sussex, BN15 9JW£230,000£230,000£020 May 202425 Oct 2024158 Days
78 Beachcroft Place, Lancing, West Sussex, BN15 8JN£230,000£217,280-£12,72012 Apr 202425 Oct 2024196 Days
227 Brighton Road, Lancing, West Sussex, BN15 8JP£450,000£440,000-£10,00018 Nov 202315 Oct 2024332 Days
71 Ullswater Road, Sompting, Lancing, West Sussex, BN15 9UG£400,000£395,000-£5,00022 Apr 202411 Oct 2024172 Days
18 Abbotts View, Sompting, Lancing, West Sussex, BN15 0NG£325,000£325,000£011 May 202409 Oct 2024151 Days
25 Orchard Avenue, Lancing, West Sussex, BN15 9EA£325,000£320,000-£5,00020 Jun 202430 Sep 2024102 Days
51 Greentrees Crescent, Sompting, Lancing, West Sussex, BN15 9ST£335,000£331,000-£4,00017 May 202416 Aug 202491 Days
2 Grantsmead, Lancing, West Sussex, BN15 0PG£625,000£600,000-£25,00012 Mar 202409 Aug 2024150 Days
42 Boundstone Lane, Lancing, West Sussex, BN15 9QW£600,000£575,000-£25,00002 Feb 202409 Aug 2024189 Days
21 Western Road North, Sompting, Lancing, West Sussex, BN15 9UX£380,000£375,000-£5,00002 Mar 202409 Aug 2024160 Days
18 Osborne Close, Sompting, Lancing, West Sussex, BN15 9UZ£485,000£475,000-£10,00031 Jan 202409 Aug 2024191 Days
11 Rectory Farm Road, Sompting, Lancing, West Sussex, BN15 0DP£325,000£320,000-£5,00024 Nov 202309 Aug 2024259 Days
133 West Way, Lancing, West Sussex, BN15 8NB£375,000£340,000-£35,00016 Nov 202307 Aug 2024265 Days
77 Western Road, Lancing, West Sussex, BN15 8SD£350,000£345,000-£5,00026 Dec 202331 Jul 2024218 Days

Most Expensive Streets in BN15 (Lancing)

PostcodeStreetAreaAverageNo. of Sales
BN15 0NZFirle RoadLancing£795,0003
BN15 8RHBrighton RoadLancing£781,6663
BN15 0AXWest Street, SomptingLancing£745,0003
BN15 0QERing RoadLancing£701,3128
BN15 8LNBrighton RoadLancing£675,0004
BN15 8ETBrighton RoadLancing£674,6005
BN15 0PAFairview RoadLancing£653,7504
BN15 0QFRing RoadLancing£651,1254
BN15 9FQSmall Copper CloseLancing£593,8889
BN15 0QGBoxgrove CloseLancing£578,3333

Least Expensive Streets in BN15 (Lancing)

PostcodeStreetAreaAverageNo. of Sales
BN15 9JFSteyning House, Middle RoadLancing£118,9005
BN15 8DTFreshbrook Court, Freshbrook RoadLancing£127,7504
BN15 8DSFreshbrook RoadLancing£131,8889
BN15 8JUBeachville Court, Brighton RoadLancing£135,4449
BN15 0DWMillfield, SomptingLancing£140,0005
BN15 0BZWhite Styles Road, SomptingLancing£146,6663
BN15 8PACourtfields, Elm GroveLancing£157,53514
BN15 0DGMontague Court, Dankton GardensLancing£161,5003
BN15 9NGCrabtree LaneLancing£165,3256
BN15 9PNThe Hollies, Crabtree LaneLancing£165,6663

Explore BN15 (Lancing) using map

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