16, 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

16 PALMERS WAY is a very large extended detached house of 183m², built sometime between 1930 and 1949. It was last sold for £585,000 in January 2019, which was around 18% above the average January 2019 detached price in the Worthing local authority area. The most recent EPC inspection was February 2014, where the current energy rating was E, and the potential energy rating was D.

16 PALMERS WAY Sold Prices

Land registry data shows three sales for 16 PALMERS WAY 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 16 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
2019 11 JAN	£585,000	£494,898	18% above HPI
2010 21 DEC	£445,000	£321,410	38% above HPI
1998 10 NOV	£139,950	£127,597	10% above HPI

16 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 three 16 PALMERS WAY sales between November 1998 and January 2019 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 2010 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the January 2019 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 16 PALMERS WAY?

16 PALMERS WAY is 183m², which includes two extensions, according to the EPC inspection conducted in February 2014. 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 16 PALMERS WAY lies on this distribution: 89% of detached houses are smaller than 16 PALMERS WAY, and 11% of houses are larger. Note that EPC data is not available for all properties in Worthing.

16 PALMERS WAY: Plot and Title Map

16 PALMERS WAY sits on a plot of roughly 0.252 of an acre, or 1,019m². The below map shows the location of 16 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 16 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 16 PALMERS WAY?

16 PALMERS WAY is located in WORTHING, in the BN13 postcode district. The below map shows the position of No. 16 on PALMERS WAY.