15, THE PALLANT, GORING BY SEA, WORTHING, BN12 6AZ - £305,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

15 THE PALLANT is a very small extended detached house of 79m², built sometime between 1950 and 1966, which could now be worth an estimated £331,309. It was last sold for £305,000 in June 2021, which was around 48% below the average June 2021 detached price in the Worthing local authority area. The most recent EPC inspection was October 2020, where the current energy rating was E, and the potential energy rating was B.

15 THE PALLANT Sold Prices

Land registry data shows three sales for 15 THE PALLANT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Worthing local authority area for the corresponding sale date. All of the three 15 THE PALLANT 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
2021 28 JUN	£305,000	£582,312	48% below HPI
1998 7 DEC	£79,000	£130,234	39% below HPI
1995 28 FEB	£66,000	£96,703	32% below HPI

15 THE PALLANT 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 three 15 THE PALLANT sales between February 1995 and June 2021 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 December 1998 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the June 2021 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

What might 15 THE PALLANT be worth now?

15 THE PALLANT might now be worth an estimated £331,309.

This is based on house price inflation of 8.6%, between June 2021 and February 2025, for detached houses, in the Worthing local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 8.6% inflationary increase is applied to the most recent sale price for 15 THE PALLANT of £305,000 on 28th June 2021. For the value to have increased from £305,000 to £331,309 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 15 THE PALLANT has moved in line with the HPI for detached houses in the Worthing local authority area.
• The June 2021 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 15 THE PALLANT has not materially changed since June 2021.

How Large is 15 THE PALLANT?

15 THE PALLANT is 79m², which includes one extension, according to the EPC inspection conducted in October 2020. This puts it in the smallest 20% of detached houses houses in Worthing, based on EPC data. The below chart shows the distribution of detached houses houses by size in Worthing, and where 15 THE PALLANT lies on this distribution: 14% of detached houses houses are smaller than 15 THE PALLANT, and 85% of houses are larger. Note that EPC data is not available for all properties in Worthing.

15 THE PALLANT: Plot and Title Map

15 THE PALLANT sits on a plot of roughly 0.094 of an acre, or 381m². The below map shows the location of 15 THE PALLANT, 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 THE PALLANT). 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 THE PALLANT?

15 THE PALLANT is located in GORING BY SEA, in the BN12 postcode district. The below map shows the position of No. 15 on THE PALLANT.