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 CLEVELAND CLOSE is a large detached house of 142m², built sometime between 1930 and 1949. It was last sold for £417,500 in January 2015, which was around 5% above the average January 2015 detached price in the Worthing local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 1 CLEVELAND CLOSE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Worthing local authority area for the corresponding sale date. Two of the three 1 CLEVELAND CLOSE sales were for above the average price, whilst one was 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 |
---|---|---|---|
2015 30 JAN | £417,500 | £396,698 | 5% above HPI |
2010 10 AUG | £345,000 | £331,210 | 4% above HPI |
2002 18 DEC | £240,000 | £256,364 | 6% below HPI |
The below graph shows the average detached house price in the Worthing local authority area over time, sourced from the HPI. The three 1 CLEVELAND CLOSE sales between December 2002 and January 2015 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 2010 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the January 2015 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.
1 CLEVELAND CLOSE is 142m² according to the EPC inspection conducted in August 2014. This puts it in the largest 40% 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 CLEVELAND CLOSE lies on this distribution: 69% of detached houses are smaller than 1 CLEVELAND CLOSE, and 30% of houses are larger. Note that EPC data is not available for all properties in Worthing.
1 CLEVELAND CLOSE sits on a plot of roughly 0.196 of an acre, or 793m². The below map shows the location of 1 CLEVELAND 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 CLEVELAND 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.
1 CLEVELAND CLOSE is located in WORTHING, in the BN13 postcode district. The below map shows the position of No. 1 on CLEVELAND CLOSE.