9, GRASMERE AVENUE, SOMPTING, LANCING, BN15 9UQ - £263,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

9 GRASMERE AVENUE is a large detached house of 111m², built sometime between 1967 and 1975. It was last sold for £263,000 in February 2012, which was around 15% below the average February 2012 detached price in the Adur local authority area. The most recent EPC inspection was April 2011, where the current energy rating was E, and the potential energy rating was D.

9 GRASMERE AVENUE Sold Prices

Land registry data shows two sales for 9 GRASMERE 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 9 GRASMERE 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
2012 21 FEB	£263,000	£310,901	15% below HPI
2003 21 NOV	£192,000	£251,095	24% below HPI

9 GRASMERE 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 9 GRASMERE AVENUE sales from November 2003 and February 2012 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 November 2003 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the February 2012 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 9 GRASMERE AVENUE?

9 GRASMERE AVENUE is 111m² according to the EPC inspection conducted in April 2011. This puts it in the largest 30% of detached houses in Sompting, based on EPC data. The below chart shows the distribution of detached houses by size in Sompting, and where 9 GRASMERE AVENUE lies on this distribution: 71% of detached houses are smaller than 9 GRASMERE AVENUE, and 29% of houses are larger. Note that EPC data is not available for all properties in Sompting.

9 GRASMERE AVENUE: Plot and Title Map

9 GRASMERE AVENUE sits on a plot of roughly 0.110 of an acre, or 443m². The below map shows the location of 9 GRASMERE 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 9 GRASMERE 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 9 GRASMERE AVENUE?

9 GRASMERE AVENUE is located in SOMPTING, in the BN15 postcode district. The below map shows the position of No. 9 on GRASMERE AVENUE.