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 FRANKLIN ROAD is a very small extended detached house of 62m², built sometime between 1930 and 1949. It was last sold for £330,000 in June 2022, which was around 47% below the average June 2022 detached price in the Worthing local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 14 FRANKLIN ROAD since 1st 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. All of the five 14 FRANKLIN ROAD 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 |
---|---|---|---|
2022 30 JUN | £330,000 | £626,132 | 47% below HPI |
2015 14 AUG | £210,000 | £421,510 | 50% below HPI |
2002 20 NOV | £135,000 | £254,416 | 47% below HPI |
1997 22 AUG | £72,000 | £109,600 | 34% below HPI |
1996 31 JUL | £35,500 | £93,231 | 62% below HPI |
The below graph shows the average detached house price in the Worthing local authority area over time, sourced from the HPI. The five 14 FRANKLIN ROAD sales between July 1996 and June 2022 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 2015 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the June 2022 sale, where it rises to 47% below the HPI. The line then continues to track at 47% below the HPI.
14 FRANKLIN ROAD is 62m², which includes one extension, according to the EPC inspection conducted in April 2022. This puts it in the smallest 10% of detached houses in Worthing, based on EPC data. The below chart shows the distribution of detached houses by size in Worthing, and where 14 FRANKLIN ROAD lies on this distribution: 2% of detached houses are smaller than 14 FRANKLIN ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Worthing.
14 FRANKLIN ROAD sits on a plot of roughly 0.047 of an acre, or 191m². The below map shows the location of 14 FRANKLIN ROAD, 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 FRANKLIN ROAD). 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.
14 FRANKLIN ROAD is located in WORTHING, in the BN13 postcode district. The below map shows the position of No. 14 on FRANKLIN ROAD.