12, PALMERS WAY, WORTHING, BN13 3DP - £585,000

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

12 PALMERS WAY is a very large detached house of 178m², built sometime between 1967 and 1975. It was last sold for £585,000 in August 2018, which was around 18% above the average August 2018 detached price in the Worthing local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was C.

12 PALMERS WAY Sold Prices

Land registry data shows five sales for 12 PALMERS WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Worthing local authority area for the corresponding sale date. Most of the five 12 PALMERS WAY sales were for above 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 6 AUG	£585,000	£497,053	18% above HPI
2010 16 APR	£338,000	£310,856	9% above HPI
2004 6 APR	£310,000	£275,282	13% above HPI
2002 13 DEC	£279,950	£256,364	9% above HPI
1998 15 DEC	£120,000	£125,274	4% below HPI

12 PALMERS WAY 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 five 12 PALMERS WAY sales between December 1998 and August 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 April 2010 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the August 2018 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 12 PALMERS WAY?

12 PALMERS WAY is 178m² according to the EPC inspection conducted in July 2018. This puts it in the largest 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 12 PALMERS WAY lies on this distribution: 87% of detached houses are smaller than 12 PALMERS WAY, and 13% of houses are larger. Note that EPC data is not available for all properties in Worthing.

12 PALMERS WAY: Plot and Title Map

12 PALMERS WAY sits on a plot of roughly 0.175 of an acre, or 710m². The below map shows the location of 12 PALMERS 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 12 PALMERS 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 12 PALMERS WAY?

12 PALMERS WAY is located in WORTHING, in the BN13 postcode district. The below map shows the position of No. 12 on PALMERS WAY.