31, FRESHFIELDS CLOSE, LANCING, BN15 9LU - £420,000

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

31 FRESHFIELDS CLOSE is a small detached house of 76m², built sometime between 1950 and 1966. It was last sold for £420,000 in May 2024, which was around 26% below the average May 2024 detached price in the Adur local authority area. The most recent EPC inspection was April 2016, where the current energy rating was F, and the potential energy rating was D.

31 FRESHFIELDS CLOSE Sold Prices

Land registry data shows three sales for 31 FRESHFIELDS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Adur local authority area for the corresponding sale date. All of the three 31 FRESHFIELDS 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
2024 23 MAY	£420,000	£566,035	26% below HPI
2020 12 OCT	£425,000	£504,059	16% below HPI
2016 7 OCT	£300,000	£452,009	34% below HPI

31 FRESHFIELDS 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 three 31 FRESHFIELDS CLOSE sales between October 2016 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 2020 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the May 2024 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 31 FRESHFIELDS CLOSE?

31 FRESHFIELDS CLOSE is 76m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 30% of detached houses in Lancing, based on EPC data. The below chart shows the distribution of detached houses by size in Lancing, and where 31 FRESHFIELDS CLOSE lies on this distribution: 21% of detached houses are smaller than 31 FRESHFIELDS CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Lancing.

31 FRESHFIELDS CLOSE: Plot and Title Map

31 FRESHFIELDS CLOSE sits on a plot of roughly 0.097 of an acre, or 394m². The below map shows the location of 31 FRESHFIELDS 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 31 FRESHFIELDS 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 31 FRESHFIELDS CLOSE?

31 FRESHFIELDS CLOSE is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 31 on FRESHFIELDS CLOSE.