8, FRESHFIELDS DRIVE, LANCING, BN15 9LN - £415,000

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

8 FRESHFIELDS DRIVE is a small extended detached house of 88m², built sometime between 1950 and 1966. It was last sold for £415,000 in October 2020, which was around 18% below the average October 2020 detached price in the Adur local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

8 FRESHFIELDS DRIVE Sold Prices

Land registry data shows three sales for 8 FRESHFIELDS DRIVE 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 8 FRESHFIELDS DRIVE 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
2020 1 OCT	£415,000	£504,059	18% below HPI
2015 4 AUG	£337,500	£403,651	16% below HPI
2014 12 DEC	£225,000	£381,958	41% below HPI

8 FRESHFIELDS DRIVE 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 8 FRESHFIELDS DRIVE sales between December 2014 and October 2020 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 August 2015 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the October 2020 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 8 FRESHFIELDS DRIVE?

8 FRESHFIELDS DRIVE is 88m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the smallest 40% of detached houses in Lancing, based on EPC data. The below chart shows the distribution of detached houses by size in Lancing, and where 8 FRESHFIELDS DRIVE lies on this distribution: 37% of detached houses are smaller than 8 FRESHFIELDS DRIVE, and 62% of houses are larger. Note that EPC data is not available for all properties in Lancing.

8 FRESHFIELDS DRIVE: Plot and Title Map

8 FRESHFIELDS DRIVE sits on a plot of roughly 0.111 of an acre, or 448m². The below map shows the location of 8 FRESHFIELDS DRIVE, 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 8 FRESHFIELDS DRIVE). 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 8 FRESHFIELDS DRIVE?

8 FRESHFIELDS DRIVE is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 8 on FRESHFIELDS DRIVE.