3, FAIRVIEW GARDENS, LANCING, BN15 0PR - £760,000

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.

3 FAIRVIEW GARDENS is a very large extended detached house of 186m², built sometime between 2003 and 2006, which could now be worth an estimated £803,922. It was last sold for £760,000 in November 2021, which was around 28% above the average November 2021 detached price in the Adur local authority area. The most recent EPC inspection was February 2019, where the current energy rating was C, and the potential energy rating was B.

3 FAIRVIEW GARDENS Sold Prices

Land registry data shows two sales for 3 FAIRVIEW GARDENS 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 3 FAIRVIEW GARDENS 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
2021 30 NOV	£760,000	£593,184	28% above HPI
2007 15 MAR	£475,000	£317,711	50% above HPI

3 FAIRVIEW GARDENS 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 3 FAIRVIEW GARDENS sales from March 2007 and November 2021 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 March 2007 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the November 2021 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might 3 FAIRVIEW GARDENS be worth now?

3 FAIRVIEW GARDENS might now be worth an estimated £803,922.

This is based on house price inflation of 5.8%, between November 2021 and May 2026, for detached 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 5.8% inflationary increase is applied to the most recent sale price for 3 FAIRVIEW GARDENS of £760,000 on 30th November 2021. For the value to have increased from £760,000 to £803,922 over the five years and six months to May 2026, the following assumptions must hold true:

• The value of 3 FAIRVIEW GARDENS has moved in line with the HPI for detached houses in the Adur local authority area.
• The November 2021 sale price of £760,000 represented a fair market value for the property.
• The size, condition, and specification of 3 FAIRVIEW GARDENS has not materially changed since November 2021.

How Large is 3 FAIRVIEW GARDENS?

3 FAIRVIEW GARDENS is 186m², which includes three extensions, according to the EPC inspection conducted in February 2019. This puts it in the largest 10% of detached houses houses in Lancing, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lancing, and where 3 FAIRVIEW GARDENS lies on this distribution: 94% of detached houses houses are smaller than 3 FAIRVIEW GARDENS, and 6% of houses are larger. Note that EPC data is not available for all properties in Lancing.

3 FAIRVIEW GARDENS: Plot and Title Map

3 FAIRVIEW GARDENS sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of 3 FAIRVIEW GARDENS, 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 3 FAIRVIEW GARDENS). 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 3 FAIRVIEW GARDENS?

3 FAIRVIEW GARDENS is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 3 on FAIRVIEW GARDENS.