38, EIGHTH AVENUE, LANCING, BN15 9XD - £332,000

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.

38 EIGHTH AVENUE is a small extended terraced house of 82m², built sometime between 1930 and 1949, which could now be worth an estimated £354,837. It was last sold for £332,000 in June 2021, which was around 3% above the average June 2021 terraced price in the Adur local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was B.

38 EIGHTH AVENUE Sold Prices

Land registry data shows three sales for 38 EIGHTH AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Adur local authority area for the corresponding sale date. One of the three 38 EIGHTH AVENUE sales was for above the average price, whilst two 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
2021 30 JUN	£332,000	£320,897	3% above HPI
2014 1 APR	£216,000	£220,386	2% below HPI
1995 26 MAY	£44,000	£47,170	7% below HPI

38 EIGHTH AVENUE 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 three 38 EIGHTH AVENUE sales between May 1995 and June 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 April 2014 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the June 2021 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 38 EIGHTH AVENUE be worth now?

38 EIGHTH AVENUE might now be worth an estimated £354,837.

This is based on house price inflation of 6.9%, between June 2021 and April 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 6.9% inflationary increase is applied to the most recent sale price for 38 EIGHTH AVENUE of £332,000 on 30th June 2021. For the value to have increased from £332,000 to £354,837 over the five years and two months to April 2026, the following assumptions must hold true:

• The value of 38 EIGHTH AVENUE has moved in line with the HPI for terraced houses in the Adur local authority area.
• The June 2021 sale price of £332,000 represented a fair market value for the property.
• The size, condition, and specification of 38 EIGHTH AVENUE has not materially changed since June 2021.

How Large is 38 EIGHTH AVENUE?

38 EIGHTH AVENUE is 82m², which includes one extension, according to the EPC inspection conducted in March 2021. This puts it in the smallest 40% 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 38 EIGHTH AVENUE lies on this distribution: 30% of terraced houses houses are smaller than 38 EIGHTH AVENUE, and 69% of houses are larger. Note that EPC data is not available for all properties in Lancing.

38 EIGHTH AVENUE: Plot and Title Map

38 EIGHTH AVENUE sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of 38 EIGHTH 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 38 EIGHTH 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 38 EIGHTH AVENUE?

38 EIGHTH AVENUE is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 38 on EIGHTH AVENUE.