BRAESIDE, STABLE LANE, FINDON, WORTHING, BN14 0RR - £575,000

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

BRAESIDE is a very large extended detached house of 277m², built sometime between 1950 and 1966. It was last sold for £575,000 in July 2015, which was around 48% above the average July 2015 detached price in the Arun local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

BRAESIDE Sold Prices

Land registry data shows two sales for BRAESIDE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Arun local authority area for the corresponding sale date. Both of the two BRAESIDE sales were for above 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 JUL	£575,000	£388,324	48% above HPI
2015 16 FEB	£411,500	£371,861	11% above HPI

BRAESIDE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The two BRAESIDE sales from February 2015 and July 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 February 2015 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the July 2015 sale, where it rises to 48% above the HPI. The line then continues to track at 48% above the HPI.

How Large is BRAESIDE?

BRAESIDE is 277m², which includes two extensions, according to the EPC inspection conducted in April 2015. This puts it in the largest 10% of detached houses in Findon, based on EPC data. The below chart shows the distribution of detached houses by size in Findon, and where BRAESIDE lies on this distribution: 95% of detached houses are smaller than BRAESIDE, and 5% of houses are larger. Note that EPC data is not available for all properties in Findon.

BRAESIDE: Plot and Title Map

BRAESIDE sits on a plot of roughly 0.214 of an acre, or 864m². The below map shows the location of BRAESIDE, 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 BRAESIDE). 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 BRAESIDE?

BRAESIDE is located on STABLE LANE in FINDON, in the BN14 postcode district. The below map shows the position of BRAESIDE on STABLE LANE.