NOVA VILLA, 63, OLD FORT ROAD, SHOREHAM-BY-SEA, BN43 5RL - £599,000

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

NOVA VILLA is a large semi-detached house of 145m². It was last sold for £599,000 in January 2014, which was around 74% above the average January 2014 detached price in the Adur local authority area. The most recent EPC inspection was November 2010, where the current energy rating was C, and the potential energy rating was B.

NOVA VILLA Sold Prices

Land registry data shows two sales for NOVA VILLA 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 NOVA VILLA 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
2014 31 JAN	£599,000	£345,197	74% above HPI
2007 19 OCT	£340,000	£323,076	5% above HPI

NOVA VILLA 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 NOVA VILLA sales from October 2007 and January 2014 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 October 2007 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the January 2014 sale, where it rises to 74% above the HPI. The line then continues to track at 74% above the HPI.

How Large is NOVA VILLA?

NOVA VILLA is 145m² according to the EPC inspection conducted in November 2010. This puts it in the largest 40% of detached houses in Shoreham-by-Sea, based on EPC data. The below chart shows the distribution of detached houses by size in Shoreham-by-Sea, and where NOVA VILLA lies on this distribution: 65% of detached houses are smaller than NOVA VILLA, and 35% of houses are larger. Note that EPC data is not available for all properties in Shoreham-by-Sea.

NOVA VILLA: Plot and Title Map

NOVA VILLA sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of NOVA VILLA, 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 NOVA VILLA). 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 NOVA VILLA?

NOVA VILLA is located on OLD FORT ROAD in SHOREHAM-BY-SEA, in the BN43 postcode district. The below map shows the position of NOVA VILLA on OLD FORT ROAD.