7, CARNFORTH ROAD, SOMPTING, LANCING, BN15 9TQ - £289,000

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.

7 CARNFORTH ROAD is a very small extended detached house of 66m², which could now be worth an estimated £353,307. It was last sold for £289,000 in February 2018, which was around 45% below the average February 2018 detached price in the Adur local authority area. The most recent EPC inspection was September 2008, where the current energy rating was D, and the potential energy rating was C.

7 CARNFORTH ROAD Sold Prices

Land registry data shows two sales for 7 CARNFORTH ROAD 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 7 CARNFORTH 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
2018 9 FEB	£289,000	£521,830	45% below HPI
1996 26 JAN	£76,000	£86,917	13% below HPI

7 CARNFORTH ROAD 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 7 CARNFORTH ROAD sales from January 1996 and February 2018 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 1996 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the February 2018 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

What might 7 CARNFORTH ROAD be worth now?

7 CARNFORTH ROAD might now be worth an estimated £353,307.

This is based on house price inflation of 22.3%, between February 2018 and July 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 22.3% inflationary increase is applied to the most recent sale price for 7 CARNFORTH ROAD of £289,000 on 9th February 2018. For the value to have increased from £289,000 to £353,307 over the seven years and seven months to July 2026, the following assumptions must hold true:

• The value of 7 CARNFORTH ROAD has moved in line with the HPI for detached houses in the Adur local authority area.
• The February 2018 sale price of £289,000 represented a fair market value for the property.
• The size, condition, and specification of 7 CARNFORTH ROAD has not materially changed since February 2018.

How Large is 7 CARNFORTH ROAD?

7 CARNFORTH ROAD is 66m², which includes one extension, according to the EPC inspection conducted in September 2008. This puts it in the smallest 20% of detached houses in Sompting, based on EPC data. 13% of detached houses are smaller than 7 CARNFORTH ROAD, and 86% of detached houses are larger. Note that EPC data is not available for all properties in Sompting.

7 CARNFORTH ROAD: Plot

7 CARNFORTH ROAD sits on a plot of roughly 0.125 of an acre, or 504m².

Where is 7 CARNFORTH ROAD?

7 CARNFORTH ROAD is located in SOMPTING, in the BN15 postcode district.