41, FRESHFIELDS CLOSE, LANCING, BN15 9LU - £423,000

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.

41 FRESHFIELDS CLOSE is a midsized detached house of 95m², built sometime between 1967 and 1975, which could now be worth an estimated £459,821. It was last sold for £423,000 in December 2020, which was around 24% below the average December 2020 detached price in the Adur local authority area. The most recent EPC inspection was July 2019, where the current energy rating was C, and the potential energy rating was B.

41 FRESHFIELDS CLOSE Sold Prices

Land registry data shows three sales for 41 FRESHFIELDS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Adur local authority area for the corresponding sale date. All of the three 41 FRESHFIELDS CLOSE 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 11 DEC	£423,000	£553,225	24% below HPI
2019 17 OCT	£300,000	£520,702	42% below HPI
2019 30 AUG	£345,000	£529,338	35% below HPI

41 FRESHFIELDS CLOSE 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 three 41 FRESHFIELDS CLOSE sales between August 2019 and December 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 October 2019 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the December 2020 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 41 FRESHFIELDS CLOSE be worth now?

41 FRESHFIELDS CLOSE might now be worth an estimated £459,821.

This is based on house price inflation of 8.7%, between December 2020 and April 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 8.7% inflationary increase is applied to the most recent sale price for 41 FRESHFIELDS CLOSE of £423,000 on 11th December 2020. For the value to have increased from £423,000 to £459,821 over the six years and eight months to April 2026, the following assumptions must hold true:

• The value of 41 FRESHFIELDS CLOSE has moved in line with the HPI for detached houses in the Adur local authority area.
• The December 2020 sale price of £423,000 represented a fair market value for the property.
• The size, condition, and specification of 41 FRESHFIELDS CLOSE has not materially changed since December 2020.

How Large is 41 FRESHFIELDS CLOSE?

41 FRESHFIELDS CLOSE is 95m² according to the EPC inspection conducted in July 2019. This puts it in the smallest 50% 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 41 FRESHFIELDS CLOSE lies on this distribution: 43% of detached houses houses are smaller than 41 FRESHFIELDS CLOSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Lancing.

41 FRESHFIELDS CLOSE: Plot and Title Map

41 FRESHFIELDS CLOSE sits on a plot of roughly 0.094 of an acre, or 380m². The below map shows the location of 41 FRESHFIELDS CLOSE, 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 41 FRESHFIELDS CLOSE). 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 41 FRESHFIELDS CLOSE?

41 FRESHFIELDS CLOSE is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 41 on FRESHFIELDS CLOSE.