45, PARK AVENUE, SHOREHAM-BY-SEA, BN43 6PH - £367,500

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

45 PARK AVENUE is a small extended semi-detached house of 101m², built sometime between 1950 and 1966. It was last sold for £367,500 in February 2016, which was around 15% below the average February 2016 detached price in the Adur local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was C.

45 PARK AVENUE Sold Prices

Land registry data shows two sales for 45 PARK 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 45 PARK 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
2016 17 FEB	£367,500	£434,293	15% below HPI
2004 6 SEP	£218,000	£273,370	20% below HPI

45 PARK 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 45 PARK AVENUE sales from September 2004 and February 2016 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 September 2004 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the February 2016 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 45 PARK AVENUE?

45 PARK AVENUE is 101m², which includes one extension, according to the EPC inspection conducted in June 2015. This puts it in the smallest 40% of detached houses in Shoreham-by-Sea, based on EPC data. The below chart shows the distribution of detached houses by size in Shoreham-by-Sea, and where 45 PARK AVENUE lies on this distribution: 30% of detached houses are smaller than 45 PARK AVENUE, and 69% of houses are larger. Note that EPC data is not available for all properties in Shoreham-by-Sea.

45 PARK AVENUE: Plot and Title Map

45 PARK AVENUE sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 45 PARK 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 45 PARK 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 45 PARK AVENUE?

45 PARK AVENUE is located in SHOREHAM-BY-SEA, in the BN43 postcode district. The below map shows the position of No. 45 on PARK AVENUE.