18, GREYFRIARS CLOSE, WORTHING, BN13 2DR - £415,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

18 GREYFRIARS CLOSE is a very small detached house of 79m², built sometime between 1950 and 1966. It was last sold for £415,000 in April 2020, which was around 20% below the average April 2020 detached price in the Worthing local authority area. The most recent EPC inspection was February 2015, where the current energy rating was E, and the potential energy rating was B.

18 GREYFRIARS CLOSE Sold Prices

Land registry data shows two sales for 18 GREYFRIARS CLOSE 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 18 GREYFRIARS CLOSE 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
2020 6 APR	£415,000	£519,698	20% below HPI
2015 27 MAY	£275,000	£425,186	35% below HPI

18 GREYFRIARS CLOSE 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 18 GREYFRIARS CLOSE sales from May 2015 and April 2020 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 May 2015 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the April 2020 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 18 GREYFRIARS CLOSE be worth now?

18 GREYFRIARS CLOSE might now be worth an estimated £484,783.

This is based on house price inflation of 16.8%, between April 2020 and December 2024, 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 16.8% inflationary increase is applied to the most recent sale price for 18 GREYFRIARS CLOSE of £415,000 on 6th April 2020. For the value to have increased from £415,000 to £484,783 over the three years and four months to December 2024, the following assumptions must hold true:

• The value of 18 GREYFRIARS CLOSE has moved in line with the HPI for detached houses in the Worthing local authority area.
• The April 2020 sale price of £415,000 represented a fair market value for the property.
• The size, condition, and specification of 18 GREYFRIARS CLOSE has not materially changed since April 2020.

How Large is 18 GREYFRIARS CLOSE?

18 GREYFRIARS CLOSE is 79m² according to the EPC inspection conducted in February 2015. 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 18 GREYFRIARS CLOSE lies on this distribution: 14% of detached houses houses are smaller than 18 GREYFRIARS CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Worthing.

18 GREYFRIARS CLOSE: Plot and Title Map

18 GREYFRIARS CLOSE sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 18 GREYFRIARS CLOSE, 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 18 GREYFRIARS CLOSE). 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 18 GREYFRIARS CLOSE?

18 GREYFRIARS CLOSE is located in WORTHING, in the BN13 postcode district. The below map shows the position of No. 18 on GREYFRIARS CLOSE.