15, LYNCHMERE AVENUE, LANCING, BN15 0PD - £250,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

15 LYNCHMERE AVENUE is a small detached house of 79m², built sometime between 1930 and 1949, which could now be worth an estimated £466,521. It was last sold for £250,000 in August 2011, which was around 23% below the average August 2011 detached price in the Adur local authority area. The most recent EPC inspection was October 2010, where the current energy rating was D, and the potential energy rating was D.

15 LYNCHMERE AVENUE Sold Prices

Land registry data shows two sales for 15 LYNCHMERE AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Adur local authority area for the corresponding sale date. Both of the two 15 LYNCHMERE 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
2011 30 AUG	£250,000	£326,202	23% below HPI
2004 29 OCT	£246,000	£300,349	18% below HPI

15 LYNCHMERE 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 two 15 LYNCHMERE AVENUE sales from October 2004 and August 2011 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 October 2004 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the August 2011 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 15 LYNCHMERE AVENUE be worth now?

15 LYNCHMERE AVENUE might now be worth an estimated £466,521.

This is based on house price inflation of 86.6%, between August 2011 and February 2025, for detached houses, in the Adur local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 86.6% inflationary increase is applied to the most recent sale price for 15 LYNCHMERE AVENUE of £250,000 on 30th August 2011. For the value to have increased from £250,000 to £466,521 over the fourteen years and six months to February 2025, the following assumptions must hold true:

• The value of 15 LYNCHMERE AVENUE has moved in line with the HPI for detached houses in the Adur local authority area.
• The August 2011 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 15 LYNCHMERE AVENUE has not materially changed since August 2011.

How Large is 15 LYNCHMERE AVENUE?

15 LYNCHMERE AVENUE is 79m² according to the EPC inspection conducted in October 2010. This puts it in the smallest 30% of detached houses houses in Lancing, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lancing, and where 15 LYNCHMERE AVENUE lies on this distribution: 25% of detached houses houses are smaller than 15 LYNCHMERE AVENUE, and 75% of houses are larger. Note that EPC data is not available for all properties in Lancing.

15 LYNCHMERE AVENUE: Plot and Title Map

15 LYNCHMERE AVENUE sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of 15 LYNCHMERE 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 15 LYNCHMERE 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 15 LYNCHMERE AVENUE?

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