1, CHAFFINCH CLOSE, WORTHING, BN13 2TZ - £350,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 CHAFFINCH CLOSE is a very small extended detached house of 81m², built sometime between 1976 and 1982. It was last sold for £350,000 in April 2021, which was around 36% below the average April 2021 detached price in the Worthing local authority area. The most recent EPC inspection was July 2011, where the current energy rating was E, and the potential energy rating was C.

1 CHAFFINCH CLOSE Sold Prices

Land registry data shows two sales for 1 CHAFFINCH CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Worthing local authority area for the corresponding sale date. Both of the two 1 CHAFFINCH 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
2021 23 APR	£350,000	£547,092	36% below HPI
1996 1 APR	£72,500	£88,336	18% below HPI

1 CHAFFINCH CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Worthing local authority area over time, sourced from the HPI. The two 1 CHAFFINCH CLOSE sales from April 1996 and April 2021 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 April 1996 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the April 2021 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 1 CHAFFINCH CLOSE?

1 CHAFFINCH CLOSE is 81m², which includes one extension, according to the EPC inspection conducted in July 2011. This puts it in the smallest 20% of detached houses in Worthing, based on EPC data. The below chart shows the distribution of detached houses by size in Worthing, and where 1 CHAFFINCH CLOSE lies on this distribution: 17% of detached houses are smaller than 1 CHAFFINCH CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Worthing.

1 CHAFFINCH CLOSE: Plot and Title Map

1 CHAFFINCH CLOSE sits on a plot of roughly 0.055 of an acre, or 222m². The below map shows the location of 1 CHAFFINCH 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 1 CHAFFINCH 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 1 CHAFFINCH CLOSE?

1 CHAFFINCH CLOSE is located in WORTHING, in the BN13 postcode district. The below map shows the position of No. 1 on CHAFFINCH CLOSE.