8, GRIFFITHS AVENUE, LANCING, BN15 0HW - £225,000

8 GRIFFITHS AVENUE is a very small semi-detached house of 56m², built sometime between 1950 and 1966. It was last sold for £225,000 in April 2014, which was around 36% below the average April 2014 detached price in the Adur local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was B.

8 GRIFFITHS AVENUE Sold Prices

Land registry data shows four sales for 8 GRIFFITHS AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Adur local authority area for the corresponding sale date. All of the four 8 GRIFFITHS 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
2014 23 APR	£225,000	£352,188	36% below HPI
2004 18 AUG	£207,000	£266,551	22% below HPI
2002 11 SEP	£175,000	£221,160	21% below HPI
2001 30 APR	£94,950	£168,773	44% below HPI

8 GRIFFITHS 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 four 8 GRIFFITHS AVENUE sales between April 2001 and April 2014 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 August 2004 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the April 2014 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 8 GRIFFITHS AVENUE?

8 GRIFFITHS AVENUE is 56m² according to the EPC inspection conducted in November 2013. This puts it in the smallest 10% of detached houses in Lancing, based on EPC data. The below chart shows the distribution of detached houses by size in Lancing, and where 8 GRIFFITHS AVENUE lies on this distribution: 1% of detached houses are smaller than 8 GRIFFITHS AVENUE, and 99% of houses are larger. Note that EPC data is not available for all properties in Lancing.

8 GRIFFITHS AVENUE: Plot and Title Map

8 GRIFFITHS AVENUE sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 8 GRIFFITHS 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 8 GRIFFITHS 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 8 GRIFFITHS AVENUE?

8 GRIFFITHS AVENUE is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 8 on GRIFFITHS AVENUE.