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

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

23 FAIRVIEW ROAD is a very large extended detached house of 181m², built sometime between 1967 and 1975. It was last sold for £675,000 in October 2020, which was around 34% 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	£504,059	34% above HPI
2001 16 MAY	£295,000	£174,008	70% 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 70% above the HPI. So the extrapolation line tracks at 70% above the HPI over time, until the October 2020 sale, where it falls to 34% above the HPI. The line then continues to track at 34% above the HPI.

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 in Lancing, based on EPC data. The below chart shows the distribution of detached houses by size in Lancing, and where 23 FAIRVIEW ROAD lies on this distribution: 93% of detached 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.