98, FRESHBROOK ROAD, LANCING, BN15 8DA - £265,000

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.

98 FRESHBROOK ROAD is a very small extended terraced house of 70m², built sometime between 1967 and 1975, which could now be worth an estimated £318,749. It was last sold for £265,000 in December 2019, which was around 11% below the average December 2019 terraced price in the Adur local authority area. The most recent EPC inspection was August 2019, where the current energy rating was E, and the potential energy rating was B.

98 FRESHBROOK ROAD Sold Prices

Land registry data shows four sales for 98 FRESHBROOK ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Adur local authority area for the corresponding sale date. All of the four 98 FRESHBROOK ROAD 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
2019 13 DEC	£265,000	£299,123	11% below HPI
2007 18 JAN	£166,500	£182,524	9% below HPI
2001 12 OCT	£102,000	£104,921	3% below HPI
1999 10 JUN	£64,000	£69,558	8% below HPI

98 FRESHBROOK ROAD 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 four 98 FRESHBROOK ROAD sales between June 1999 and December 2019 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 2007 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the December 2019 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 98 FRESHBROOK ROAD be worth now?

98 FRESHBROOK ROAD might now be worth an estimated £318,749.

This is based on house price inflation of 20.3%, between December 2019 and May 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 20.3% inflationary increase is applied to the most recent sale price for 98 FRESHBROOK ROAD of £265,000 on 13th December 2019. For the value to have increased from £265,000 to £318,749 over the seven years and seven months to May 2026, the following assumptions must hold true:

• The value of 98 FRESHBROOK ROAD has moved in line with the HPI for terraced houses in the Adur local authority area.
• The December 2019 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 98 FRESHBROOK ROAD has not materially changed since December 2019.

How Large is 98 FRESHBROOK ROAD?

98 FRESHBROOK ROAD is 70m², which includes two extensions, according to the EPC inspection conducted in August 2019. This puts it in the smallest 20% 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 98 FRESHBROOK ROAD lies on this distribution: 12% of terraced houses houses are smaller than 98 FRESHBROOK ROAD, and 87% of houses are larger. Note that EPC data is not available for all properties in Lancing.

98 FRESHBROOK ROAD: Plot and Title Map

98 FRESHBROOK ROAD sits on a plot of roughly 0.044 of an acre, or 179m². The below map shows the location of 98 FRESHBROOK ROAD, 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 98 FRESHBROOK ROAD). 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 98 FRESHBROOK ROAD?

98 FRESHBROOK ROAD is located in LANCING, in the BN15 postcode district. The below map shows the position of No. 98 on FRESHBROOK ROAD.