3, FRESHBROOK CLOSE, LANCING, BN15 8BW - £422,000

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

3 FRESHBROOK CLOSE is a midsized detached house of 106m², built sometime between 1967 and 1975. It was last sold for £422,000 in December 2022, which was around 28% below the average December 2022 detached price in the Adur local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

3 FRESHBROOK CLOSE Sold Prices

Land registry data shows two sales for 3 FRESHBROOK CLOSE 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 3 FRESHBROOK CLOSE 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
2022 2 DEC	£422,000	£588,271	28% below HPI
1998 22 JUN	£93,350	£111,194	16% below HPI

3 FRESHBROOK CLOSE 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 3 FRESHBROOK CLOSE sales from June 1998 and December 2022 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 June 1998 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the December 2022 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 3 FRESHBROOK CLOSE?

3 FRESHBROOK CLOSE is 106m² according to the EPC inspection conducted in June 2022. This puts it in the largest 50% of detached houses in Lancing, based on EPC data. The below chart shows the distribution of detached houses by size in Lancing, and where 3 FRESHBROOK CLOSE lies on this distribution: 56% of detached houses are smaller than 3 FRESHBROOK CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Lancing.

3 FRESHBROOK CLOSE: Plot and Title Map

3 FRESHBROOK CLOSE sits on a plot of roughly 0.100 of an acre, or 403m². The below map shows the location of 3 FRESHBROOK CLOSE, 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 3 FRESHBROOK CLOSE). 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 3 FRESHBROOK CLOSE?

3 FRESHBROOK CLOSE is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 3 on FRESHBROOK CLOSE.