2, BROADWATER WAY, WORTHING, BN14 9LP - £380,000

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

2 BROADWATER WAY is a small extended detached house of 92m², built sometime between 1930 and 1949. It was last sold for £380,000 in August 2018, which was around 24% below the average August 2018 detached price in the Worthing local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was C.

2 BROADWATER WAY Sold Prices

Land registry data shows four sales for 2 BROADWATER WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Worthing local authority area for the corresponding sale date. All of the four 2 BROADWATER WAY 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
2018 15 AUG	£380,000	£497,053	24% below HPI
2000 7 APR	£122,500	£155,691	21% below HPI
1997 14 NOV	£87,500	£114,820	24% below HPI
1997 10 FEB	£70,000	£98,546	29% below HPI

2 BROADWATER 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 four 2 BROADWATER WAY sales between February 1997 and August 2018 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 2000 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the August 2018 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 2 BROADWATER WAY?

2 BROADWATER WAY is 92m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the smallest 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 2 BROADWATER WAY lies on this distribution: 29% of detached houses are smaller than 2 BROADWATER WAY, and 70% of houses are larger. Note that EPC data is not available for all properties in Worthing.

2 BROADWATER WAY: Plot and Title Map

2 BROADWATER WAY sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 2 BROADWATER 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 2 BROADWATER 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 2 BROADWATER WAY?

2 BROADWATER WAY is located in WORTHING, in the BN14 postcode district. The below map shows the position of No. 2 on BROADWATER WAY.