Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
11 GRIFFITHS AVENUE is a large detached house of 121m², built sometime between 1950 and 1966. It was last sold for £428,000 in July 2020, which was around 10% below the average July 2020 detached price in the Adur local authority area. The most recent EPC inspection was January 2024, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 11 GRIFFITHS AVENUE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Adur local authority area for the corresponding sale date. Most of the four 11 GRIFFITHS AVENUE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).
Date | Price | HPI Price | Variation from HPI |
---|---|---|---|
2020 24 JUL | £428,000 | £475,125 | 10% below HPI |
2012 7 JUN | £310,000 | £313,984 | 1% below HPI |
2004 23 JUL | £275,000 | £260,221 | 6% above HPI |
1996 4 APR | £54,250 | £80,291 | 32% below HPI |
The below graph shows the average detached house price in the Adur local authority area over time, sourced from the HPI. The four 11 GRIFFITHS AVENUE sales between April 1996 and July 2020 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 2012 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the July 2020 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.
11 GRIFFITHS AVENUE is 121m² according to the EPC inspection conducted in January 2024. This puts it in the largest 40% of detached houses in Lancing, based on EPC data. The below chart shows the distribution of detached houses by size in Lancing, and where 11 GRIFFITHS AVENUE lies on this distribution: 67% of detached houses are smaller than 11 GRIFFITHS AVENUE, and 32% of houses are larger. Note that EPC data is not available for all properties in Lancing.
11 GRIFFITHS AVENUE sits on a plot of roughly 0.108 of an acre, or 439m². The below map shows the location of 11 GRIFFITHS AVENUE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 11 GRIFFITHS AVENUE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.
11 GRIFFITHS AVENUE is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 11 on GRIFFITHS AVENUE.