49, CHESTER AVENUE, LANCING, BN15 8PG - £280,000

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

49 CHESTER AVENUE is a very small detached house of 63m², built sometime between 1950 and 1966. It was last sold for £280,000 in April 2015, which was around 29% below the average April 2015 detached price in the Adur local authority area. The most recent EPC inspection was May 2012, where the current energy rating was C, and the potential energy rating was B.

49 CHESTER AVENUE Sold Prices

Land registry data shows two sales for 49 CHESTER 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 49 CHESTER 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
2015 10 APR	£280,000	£394,247	29% below HPI
1998 9 JAN	£85,000	£110,771	23% below HPI

49 CHESTER 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 49 CHESTER AVENUE sales from January 1998 and April 2015 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 January 1998 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the April 2015 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 49 CHESTER AVENUE?

49 CHESTER AVENUE is 63m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 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 49 CHESTER AVENUE lies on this distribution: 5% of detached houses are smaller than 49 CHESTER AVENUE, and 95% of houses are larger. Note that EPC data is not available for all properties in Lancing.

49 CHESTER AVENUE: Plot and Title Map

49 CHESTER AVENUE sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 49 CHESTER 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 49 CHESTER 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 49 CHESTER AVENUE?

49 CHESTER AVENUE is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 49 on CHESTER AVENUE.