121, FRESHBROOK ROAD, LANCING, BN15 8DR - £160,950

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

121 FRESHBROOK ROAD is a very small terraced house of 70m², built sometime between 1967 and 1975, which could now be worth an estimated £361,477. It was last sold for £160,950 in May 2009, which was about the average May 2009 terraced price in the Adur local authority area. The most recent EPC inspection was April 2009, where the current energy rating was C, and the potential energy rating was C.

121 FRESHBROOK ROAD Sold Prices

Land registry data shows two sales for 121 FRESHBROOK ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Adur local authority area for the corresponding sale date. One of the two 121 FRESHBROOK ROAD sales was roughly equal to the average price, whilst the other was 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
2009 22 MAY	£160,950	£160,200	Close to HPI
1998 22 MAY	£65,750	£60,930	8% above HPI

121 FRESHBROOK ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Adur local authority area over time, sourced from the HPI. The two 121 FRESHBROOK ROAD sales from May 1998 and May 2009 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 May 1998 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the May 2009 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 121 FRESHBROOK ROAD be worth now?

121 FRESHBROOK ROAD might now be worth an estimated £361,477.

This is based on house price inflation of 124.6%, between May 2009 and May 2026, for terraced houses, in the Adur local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 124.6% inflationary increase is applied to the most recent sale price for 121 FRESHBROOK ROAD of £160,950 on 22nd May 2009. For the value to have increased from £160,950 to £361,477 over the seventeen years to May 2026, the following assumptions must hold true:

• The value of 121 FRESHBROOK ROAD has moved in line with the HPI for terraced houses in the Adur local authority area.
• The May 2009 sale price of £160,950 represented a fair market value for the property.
• The size, condition, and specification of 121 FRESHBROOK ROAD has not materially changed since May 2009.

How Large is 121 FRESHBROOK ROAD?

121 FRESHBROOK ROAD is 70m² according to the EPC inspection conducted in April 2009. This puts it in the smallest 20% of terraced houses houses in Lancing, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Lancing, and where 121 FRESHBROOK ROAD lies on this distribution: 12% of terraced houses houses are smaller than 121 FRESHBROOK ROAD, and 88% of houses are larger. Note that EPC data is not available for all properties in Lancing.

121 FRESHBROOK ROAD: Plot and Title Map

121 FRESHBROOK ROAD sits on a plot of roughly 0.041 of an acre, or 167m². The below map shows the location of 121 FRESHBROOK ROAD, 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 121 FRESHBROOK ROAD). 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 121 FRESHBROOK ROAD?

121 FRESHBROOK ROAD is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 121 on FRESHBROOK ROAD.