40, OVERHILL, SOUTHWICK, BRIGHTON, BN42 4WN - £245,000

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.

40 OVERHILL is a very small semi-detached house of 71m², built sometime between 1930 and 1949, which could now be worth an estimated £464,084. It was last sold for £245,000 in June 2011, which was around 11% above the average June 2011 semi-detached price in the Adur local authority area. The most recent EPC inspection was May 2009, where the current energy rating was D, and the potential energy rating was C.

40 OVERHILL Sold Prices

Land registry data shows three sales for 40 OVERHILL since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Adur local authority area for the corresponding sale date. One of the three 40 OVERHILL 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
2011 24 JUN	£245,000	£221,657	11% above HPI
2010 28 JAN	£200,000	£216,821	8% below HPI
2009 27 AUG	£195,000	£199,598	2% below HPI

40 OVERHILL Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Adur local authority area over time, sourced from the HPI. The three 40 OVERHILL sales between August 2009 and June 2011 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 January 2010 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the June 2011 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 40 OVERHILL be worth now?

40 OVERHILL might now be worth an estimated £464,084.

This is based on house price inflation of 89.4%, between June 2011 and March 2025, for semi-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 89.4% inflationary increase is applied to the most recent sale price for 40 OVERHILL of £245,000 on 24th June 2011. For the value to have increased from £245,000 to £464,084 over the fourteen years and three months to March 2025, the following assumptions must hold true:

• The value of 40 OVERHILL has moved in line with the HPI for semi-detached houses in the Adur local authority area.
• The June 2011 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 40 OVERHILL has not materially changed since June 2011.

How Large is 40 OVERHILL?

40 OVERHILL is 71m² according to the EPC inspection conducted in May 2009. This puts it in the smallest 20% of semi-detached houses houses in Southwick, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Southwick, and where 40 OVERHILL lies on this distribution: 10% of semi-detached houses houses are smaller than 40 OVERHILL, and 90% of houses are larger. Note that EPC data is not available for all properties in Southwick.

40 OVERHILL: Plot and Title Map

40 OVERHILL sits on a plot of roughly 0.105 of an acre, or 423m². The below map shows the location of 40 OVERHILL, 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 40 OVERHILL). 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 40 OVERHILL?

40 OVERHILL is located in SOUTHWICK, in the BN42 postcode district. The below map shows the position of No. 40 on OVERHILL.