40, WEMBLEY AVENUE, LANCING, BN15 9JZ - £440,000

40 WEMBLEY AVENUE is a midsized extended detached house of 97m², built sometime between 1950 and 1966. It was last sold for £440,000 in February 2020, which was around 7% below the average February 2020 detached price in the Adur local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was C.

40 WEMBLEY AVENUE Sold Prices

Land registry data shows two sales for 40 WEMBLEY AVENUE 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 40 WEMBLEY AVENUE sales 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
2020 5 FEB	£440,000	£471,659	7% below HPI
2003 18 JUL	£169,000	£245,152	31% below HPI

40 WEMBLEY AVENUE 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 40 WEMBLEY AVENUE sales from July 2003 and February 2020 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 July 2003 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the February 2020 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 40 WEMBLEY AVENUE?

40 WEMBLEY AVENUE is 97m², which includes two extensions, according to the EPC inspection conducted in February 2019. This puts it in the smallest 50% of detached houses in Lancing, based on EPC data. The below chart shows the distribution of detached houses by size in Lancing, and where 40 WEMBLEY AVENUE lies on this distribution: 45% of detached houses are smaller than 40 WEMBLEY AVENUE, and 54% of houses are larger. Note that EPC data is not available for all properties in Lancing.

40 WEMBLEY AVENUE: Plot and Title Map

40 WEMBLEY AVENUE sits on a plot of roughly 0.109 of an acre, or 443m². The below map shows the location of 40 WEMBLEY 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 40 WEMBLEY 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 40 WEMBLEY AVENUE?

40 WEMBLEY AVENUE is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 40 on WEMBLEY AVENUE.