18, FRESHFIELDS DRIVE, LANCING, BN15 9LW - £300,000

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.

18 FRESHFIELDS DRIVE is a very small detached house of 66m², built sometime between 1967 and 1975, which could now be worth an estimated £348,336. It was last sold for £300,000 in October 2018, which was around 43% below the average October 2018 detached price in the Adur local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was B.

18 FRESHFIELDS DRIVE Sold Prices

Land registry data shows two sales for 18 FRESHFIELDS DRIVE 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 18 FRESHFIELDS DRIVE 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
2018 12 OCT	£300,000	£524,253	43% below HPI
2013 4 SEP	£225,000	£356,806	37% below HPI

18 FRESHFIELDS DRIVE 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 18 FRESHFIELDS DRIVE sales from September 2013 and October 2018 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 September 2013 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the October 2018 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might 18 FRESHFIELDS DRIVE be worth now?

18 FRESHFIELDS DRIVE might now be worth an estimated £348,336.

This is based on house price inflation of 16.1%, between October 2018 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 16.1% inflationary increase is applied to the most recent sale price for 18 FRESHFIELDS DRIVE of £300,000 on 12th October 2018. For the value to have increased from £300,000 to £348,336 over the seven years and eight months to February 2025, the following assumptions must hold true:

• The value of 18 FRESHFIELDS DRIVE has moved in line with the HPI for detached houses in the Adur local authority area.
• The October 2018 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 18 FRESHFIELDS DRIVE has not materially changed since October 2018.

How Large is 18 FRESHFIELDS DRIVE?

18 FRESHFIELDS DRIVE is 66m² according to the EPC inspection conducted in August 2018. This puts it in the smallest 10% 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 18 FRESHFIELDS DRIVE lies on this distribution: 8% of detached houses houses are smaller than 18 FRESHFIELDS DRIVE, and 91% of houses are larger. Note that EPC data is not available for all properties in Lancing.

18 FRESHFIELDS DRIVE: Plot and Title Map

18 FRESHFIELDS DRIVE sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 18 FRESHFIELDS DRIVE, 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 18 FRESHFIELDS DRIVE). 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 18 FRESHFIELDS DRIVE?

18 FRESHFIELDS DRIVE is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 18 on FRESHFIELDS DRIVE.