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

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

23 LYNCHMERE AVENUE is a very small detached house of 72m², built sometime between 1930 and 1949. It was last sold for £250,000 in May 2024, which was around 56% below the average May 2024 detached price in the Adur local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was B.

23 LYNCHMERE AVENUE Sold Prices

Land registry data shows two sales for 23 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 23 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
2024 10 MAY	£250,000	£566,035	56% below HPI
2013 18 OCT	£250,000	£330,594	24% below HPI

23 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 23 LYNCHMERE AVENUE sales from October 2013 and May 2024 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 2013 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the May 2024 sale, where it falls to 56% below the HPI. The line then continues to track at 56% below the HPI.

How Large is 23 LYNCHMERE AVENUE?

23 LYNCHMERE AVENUE is 72m² according to the EPC inspection conducted in August 2023. This puts it in the smallest 20% 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 LYNCHMERE AVENUE lies on this distribution: 15% of detached houses are smaller than 23 LYNCHMERE AVENUE, and 84% of houses are larger. Note that EPC data is not available for all properties in Lancing.

23 LYNCHMERE AVENUE: Plot and Title Map

23 LYNCHMERE AVENUE sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 23 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 23 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 23 LYNCHMERE AVENUE?

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