72, CHESTER AVENUE, LANCING, BN15 8PG - £350,000

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

72 CHESTER AVENUE is a small detached house of 79m², built sometime between 1950 and 1966. It was last sold for £350,000 in December 2017, which was around 26% below the average December 2017 detached price in the Adur local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was B.

72 CHESTER AVENUE Sold Prices

Land registry data shows three sales for 72 CHESTER AVENUE 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 72 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
2017 12 DEC	£350,000	£470,331	26% below HPI
2006 3 FEB	£224,000	£267,142	16% below HPI
2004 30 MAR	£209,950	£248,709	16% below HPI

72 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 three 72 CHESTER AVENUE sales between March 2004 and December 2017 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 February 2006 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the December 2017 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 72 CHESTER AVENUE?

72 CHESTER AVENUE is 79m² according to the EPC inspection conducted in July 2017. 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 72 CHESTER AVENUE lies on this distribution: 25% of detached houses are smaller than 72 CHESTER AVENUE, and 73% of houses are larger. Note that EPC data is not available for all properties in Lancing.

72 CHESTER AVENUE: Plot and Title Map

72 CHESTER AVENUE sits on a plot of roughly 0.097 of an acre, or 395m². The below map shows the location of 72 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 72 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 72 CHESTER AVENUE?

72 CHESTER AVENUE is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 72 on CHESTER AVENUE.