23, FAIRVIEW ROAD, LANCING, BN15 0PA - £675,000

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.

23 FAIRVIEW ROAD is a very large extended detached house of 181m², built sometime between 1967 and 1975, which could now be worth an estimated £753,618. It was last sold for £675,000 in October 2020, which was around 24% above the average October 2020 detached price in the Adur local authority area. The most recent EPC inspection was December 2019, where the current energy rating was C, and the potential energy rating was C.

23 FAIRVIEW ROAD Sold Prices

Land registry data shows two sales for 23 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. Both of the two 23 FAIRVIEW ROAD sales were for above 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
2020 12 OCT	£675,000	£545,218	24% above HPI
2001 16 MAY	£295,000	£188,217	57% above HPI

23 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 23 FAIRVIEW ROAD sales from May 2001 and October 2020 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 May 2001 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the October 2020 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 23 FAIRVIEW ROAD be worth now?

23 FAIRVIEW ROAD might now be worth an estimated £753,618.

This is based on house price inflation of 11.6%, between October 2020 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 11.6% inflationary increase is applied to the most recent sale price for 23 FAIRVIEW ROAD of £675,000 on 12th October 2020. For the value to have increased from £675,000 to £753,618 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 23 FAIRVIEW ROAD has moved in line with the HPI for detached houses in the Adur local authority area.
• The October 2020 sale price of £675,000 represented a fair market value for the property.
• The size, condition, and specification of 23 FAIRVIEW ROAD has not materially changed since October 2020.

How Large is 23 FAIRVIEW ROAD?

23 FAIRVIEW ROAD is 181m², which includes one extension, according to the EPC inspection conducted in December 2019. This puts it in the largest 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 23 FAIRVIEW ROAD lies on this distribution: 93% of detached houses houses are smaller than 23 FAIRVIEW ROAD, and 7% of houses are larger. Note that EPC data is not available for all properties in Lancing.

23 FAIRVIEW ROAD: Plot and Title Map

23 FAIRVIEW ROAD sits on a plot of roughly 0.233 of an acre, or 943m². The below map shows the location of 23 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 23 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 23 FAIRVIEW ROAD?

23 FAIRVIEW ROAD is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 23 on FAIRVIEW ROAD.