12, CHESTER AVENUE, LANCING, BN15 8PU - £545,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

12 CHESTER AVENUE is a large extended detached house of 141m², built sometime between 1930 and 1949. It was last sold for £545,000 in September 2022, which was around 8% below the average September 2022 detached price in the Adur local authority area. The most recent EPC inspection was July 2015, where the current energy rating was C, and the potential energy rating was B.

12 CHESTER AVENUE Sold Prices

Land registry data shows three sales for 12 CHESTER AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Adur local authority area for the corresponding sale date. Two of the three 12 CHESTER AVENUE sales were for below the average price, whilst one was for above 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
2022 2 SEP	£545,000	£594,074	8% below HPI
2015 27 NOV	£425,000	£414,050	3% above HPI
2004 1 DEC	£191,000	£275,386	31% below HPI

12 CHESTER AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Adur local authority area over time, sourced from the HPI. The three 12 CHESTER AVENUE sales between December 2004 and September 2022 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 November 2015 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the September 2022 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 12 CHESTER AVENUE?

12 CHESTER AVENUE is 141m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the largest 30% of detached houses in Lancing, based on EPC data. The below chart shows the distribution of detached houses by size in Lancing, and where 12 CHESTER AVENUE lies on this distribution: 79% of detached houses are smaller than 12 CHESTER AVENUE, and 20% of houses are larger. Note that EPC data is not available for all properties in Lancing.

12 CHESTER AVENUE: Plot and Title Map

12 CHESTER AVENUE sits on a plot of roughly 0.105 of an acre, or 424m². The below map shows the location of 12 CHESTER 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 12 CHESTER 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.

Where is 12 CHESTER AVENUE?

12 CHESTER AVENUE is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 12 on CHESTER AVENUE.