16, FAIRVIEW ROAD, LANCING, BN15 0PA - £360,000

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

16 FAIRVIEW ROAD is a large extended detached house of 126m², built sometime between 1930 and 1949. It was last sold for £360,000 in August 2009, which was around 35% above the average August 2009 detached price in the Adur local authority area. The most recent EPC inspection was February 2009, where the current energy rating was D, and the potential energy rating was D.

16 FAIRVIEW ROAD Sold Prices

Land registry data shows two sales for 16 FAIRVIEW ROAD 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. One of the two 16 FAIRVIEW ROAD sales was for above the average price, whilst the other was 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
2009 20 AUG	£360,000	£266,232	35% above HPI
2003 17 NOV	£250,000	£251,095	Close to HPI

16 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 two 16 FAIRVIEW ROAD sales from November 2003 and August 2009 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 2003 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the August 2009 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.

How Large is 16 FAIRVIEW ROAD?

16 FAIRVIEW ROAD is 126m², which includes two extensions, according to the EPC inspection conducted in February 2009. 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 16 FAIRVIEW ROAD lies on this distribution: 70% of detached houses are smaller than 16 FAIRVIEW ROAD, and 30% of houses are larger. Note that EPC data is not available for all properties in Lancing.

16 FAIRVIEW ROAD: Plot and Title Map

16 FAIRVIEW ROAD sits on a plot of roughly 0.238 of an acre, or 964m². The below map shows the location of 16 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 16 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 16 FAIRVIEW ROAD?

16 FAIRVIEW ROAD is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 16 on FAIRVIEW ROAD.