2, CHAFFINCH CLOSE, WORTHING, BN13 2TZ - £180,500

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

2 CHAFFINCH CLOSE is a very small extended detached house of 85m², built sometime between 1976 and 1982. It was last sold for £180,500 in February 2005, which was around 39% below the average February 2005 detached price in the Worthing local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was B.

2 CHAFFINCH CLOSE Sold Prices

Land registry data shows two sales for 2 CHAFFINCH 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 2 CHAFFINCH 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
2005 25 FEB	£180,500	£297,007	39% below HPI
1997 20 MAR	£77,000	£104,259	26% below HPI

2 CHAFFINCH 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 2 CHAFFINCH CLOSE sales from March 1997 and February 2005 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 March 1997 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the February 2005 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 2 CHAFFINCH CLOSE be worth now?

2 CHAFFINCH CLOSE might now be worth an estimated £368,944.

This is based on house price inflation of 104.4%, between February 2005 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 104.4% inflationary increase is applied to the most recent sale price for 2 CHAFFINCH CLOSE of £180,500 on 25th February 2005. For the value to have increased from £180,500 to £368,944 over the eighteen years and two months to December 2024, the following assumptions must hold true:

• The value of 2 CHAFFINCH CLOSE has moved in line with the HPI for detached houses in the Worthing local authority area.
• The February 2005 sale price of £180,500 represented a fair market value for the property.
• The size, condition, and specification of 2 CHAFFINCH CLOSE has not materially changed since February 2005.

How Large is 2 CHAFFINCH CLOSE?

2 CHAFFINCH CLOSE is 85m², which includes one extension, according to the EPC inspection conducted in March 2018. 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 2 CHAFFINCH CLOSE lies on this distribution: 20% of detached houses houses are smaller than 2 CHAFFINCH CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Worthing.

2 CHAFFINCH CLOSE: Plot and Title Map

2 CHAFFINCH CLOSE sits on a plot of roughly 0.046 of an acre, or 185m². The below map shows the location of 2 CHAFFINCH 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 2 CHAFFINCH 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 2 CHAFFINCH CLOSE?

2 CHAFFINCH CLOSE is located in WORTHING, in the BN13 postcode district. The below map shows the position of No. 2 on CHAFFINCH CLOSE.