14, FAIRVIEW ROAD, LANCING, BN15 0PA - £640,000

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

14 FAIRVIEW ROAD is a very large extended detached house of 158m², built sometime between 1976 and 1982. It was last sold for £640,000 in August 2021, which was around 20% above the average August 2021 detached price in the Adur local authority area. The most recent EPC inspection was November 2020, where the current energy rating was C, and the potential energy rating was B.

14 FAIRVIEW ROAD Sold Prices

Land registry data shows three sales for 14 FAIRVIEW ROAD 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. The three 14 FAIRVIEW ROAD sales were a mix of above the average price, and roughly equal to 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
2021 27 AUG	£640,000	£533,195	20% above HPI
2003 20 JUN	£250,000	£249,317	Close to HPI
1997 21 FEB	£100,000	£90,797	10% above HPI

14 FAIRVIEW ROAD 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 14 FAIRVIEW ROAD sales between February 1997 and August 2021 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 2003 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the August 2021 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is 14 FAIRVIEW ROAD?

14 FAIRVIEW ROAD is 158m², which includes one extension, according to the EPC inspection conducted in November 2020. This puts it in the largest 20% of detached houses in Lancing, based on EPC data. The below chart shows the distribution of detached houses by size in Lancing, and where 14 FAIRVIEW ROAD lies on this distribution: 86% of detached houses are smaller than 14 FAIRVIEW ROAD, and 14% of houses are larger. Note that EPC data is not available for all properties in Lancing.

14 FAIRVIEW ROAD: Plot and Title Map

14 FAIRVIEW ROAD sits on a plot of roughly 0.184 of an acre, or 746m². The below map shows the location of 14 FAIRVIEW ROAD, 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 14 FAIRVIEW ROAD). 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 14 FAIRVIEW ROAD?

14 FAIRVIEW ROAD is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 14 on FAIRVIEW ROAD.