14, DOWNSWAY, SOUTHWICK, BRIGHTON, BN42 4WB - £425,000

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

14 DOWNSWAY is a small extended detached house of 82m², built sometime between 1930 and 1949. It was last sold for £425,000 in December 2023, which was around 25% below the average December 2023 detached price in the Adur local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

14 DOWNSWAY Sold Prices

Land registry data shows two sales for 14 DOWNSWAY 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 14 DOWNSWAY 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
2023 12 DEC	£425,000	£568,964	25% below HPI
2018 1 OCT	£379,950	£484,676	22% below HPI

14 DOWNSWAY 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 14 DOWNSWAY sales from October 2018 and December 2023 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 October 2018 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the December 2023 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 14 DOWNSWAY?

14 DOWNSWAY is 82m², which includes one extension, according to the EPC inspection conducted in October 2013. This puts it in the smallest 30% of detached houses in Southwick, based on EPC data. The below chart shows the distribution of detached houses by size in Southwick, and where 14 DOWNSWAY lies on this distribution: 25% of detached houses are smaller than 14 DOWNSWAY, and 73% of houses are larger. Note that EPC data is not available for all properties in Southwick.

14 DOWNSWAY: Plot and Title Map

14 DOWNSWAY sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 14 DOWNSWAY, 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 14 DOWNSWAY). 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 14 DOWNSWAY?

14 DOWNSWAY is located in SOUTHWICK, in the BN42 postcode district. The below map shows the position of No. 14 on DOWNSWAY.