1, FARM WAY, SOUTHWICK, BRIGHTON, BN42 4NU - £263,375

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 FARM WAY is a very small extended semi-detached house of 75m², built sometime between 1930 and 1949. It was last sold for £263,375 in February 2015, which was around 31% below the average February 2015 detached price in the Adur local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was C.

1 FARM WAY Sold Prices

Land registry data shows two sales for 1 FARM WAY 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 1 FARM WAY 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
2015 27 FEB	£263,375	£379,692	31% below HPI
2007 21 MAY	£221,450	£308,368	28% below HPI

1 FARM WAY 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 1 FARM WAY sales from May 2007 and February 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 May 2007 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the February 2015 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 1 FARM WAY?

1 FARM WAY is 75m², which includes one extension, according to the EPC inspection conducted in June 2018. This puts it in the smallest 20% of detached houses in Southwick, based on EPC data. The below chart shows the distribution of detached houses by size in Southwick, and where 1 FARM WAY lies on this distribution: 15% of detached houses are smaller than 1 FARM WAY, and 84% of houses are larger. Note that EPC data is not available for all properties in Southwick.

1 FARM WAY: Plot and Title Map

1 FARM WAY sits on a plot of roughly 0.114 of an acre, or 460m². The below map shows the location of 1 FARM WAY, 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 FARM WAY). 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 FARM WAY?

1 FARM WAY is located in SOUTHWICK, in the BN42 postcode district. The below map shows the position of No. 1 on FARM WAY.