15, MADEIRA AVENUE, WORTHING, BN11 2AT - £700,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

15 MADEIRA AVENUE is a large detached house of 148m², built sometime before 1900. It was last sold for £700,000 in March 2023, which was around 12% above the average March 2023 detached price in the Worthing local authority area. The most recent EPC inspection was April 2022, where the current energy rating was E, and the potential energy rating was C.

15 MADEIRA AVENUE Sold Prices

Land registry data shows two sales for 15 MADEIRA AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Worthing local authority area for the corresponding sale date. Both of the two 15 MADEIRA AVENUE 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
2023 30 MAR	£700,000	£627,695	12% above HPI
2020 1 APR	£550,000	£499,908	10% above HPI

15 MADEIRA AVENUE 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 two 15 MADEIRA AVENUE sales from April 2020 and March 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 April 2020 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the March 2023 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 15 MADEIRA AVENUE?

15 MADEIRA AVENUE is 148m² according to the EPC inspection conducted in April 2022. This puts it in the largest 30% of detached houses in Worthing, based on EPC data. The below chart shows the distribution of detached houses by size in Worthing, and where 15 MADEIRA AVENUE lies on this distribution: 73% of detached houses are smaller than 15 MADEIRA AVENUE, and 27% of houses are larger. Note that EPC data is not available for all properties in Worthing.

15 MADEIRA AVENUE: Plot and Title Map

15 MADEIRA AVENUE sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of 15 MADEIRA AVENUE, 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 15 MADEIRA AVENUE). 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 15 MADEIRA AVENUE?

15 MADEIRA AVENUE is located in WORTHING, in the BN11 postcode district. The below map shows the position of No. 15 on MADEIRA AVENUE.