15, FRESHFIELDS CLOSE, LANCING, BN15 9LS - £395,000

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

15 FRESHFIELDS CLOSE is a very small detached house of 75m², built sometime between 1950 and 1966. It was last sold for £395,000 in May 2023, which was around 32% below the average May 2023 detached price in the Adur local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was B.

15 FRESHFIELDS CLOSE Sold Prices

Land registry data shows three sales for 15 FRESHFIELDS CLOSE 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. All of the three 15 FRESHFIELDS CLOSE 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
2023 26 MAY	£395,000	£579,115	32% below HPI
2004 18 JUN	£214,950	£258,485	17% below HPI
2000 28 JUL	£122,500	£158,321	23% below HPI

15 FRESHFIELDS CLOSE 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 15 FRESHFIELDS CLOSE sales between July 2000 and May 2023 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 2004 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the May 2023 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 15 FRESHFIELDS CLOSE?

15 FRESHFIELDS CLOSE is 75m² according to the EPC inspection conducted in April 2017. This puts it in the smallest 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 15 FRESHFIELDS CLOSE lies on this distribution: 20% of detached houses are smaller than 15 FRESHFIELDS CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Lancing.

15 FRESHFIELDS CLOSE: Plot and Title Map

15 FRESHFIELDS CLOSE sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 15 FRESHFIELDS CLOSE, 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 15 FRESHFIELDS CLOSE). 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 15 FRESHFIELDS CLOSE?

15 FRESHFIELDS CLOSE is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 15 on FRESHFIELDS CLOSE.