2, COLNE CLOSE, WORTHING, BN13 3LP - £289,950

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 COLNE CLOSE is a midsized extended detached house of 122m², built sometime between 1967 and 1975. It was last sold for £289,950 in May 2014, which was around 20% below the average May 2014 detached price in the Worthing local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was C.

2 COLNE CLOSE Sold Prices

Land registry data shows three sales for 2 COLNE CLOSE 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 2 COLNE 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
2014 12 MAY	£289,950	£362,072	20% below HPI
2007 23 JUL	£250,000	£334,095	25% below HPI
1996 29 MAR	£76,000	£87,268	13% below HPI

2 COLNE 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 three 2 COLNE CLOSE sales between March 1996 and May 2014 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 July 2007 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the May 2014 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 2 COLNE CLOSE?

2 COLNE CLOSE is 122m², which includes two extensions, according to the EPC inspection conducted in February 2014. This puts it in the largest 50% 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 COLNE CLOSE lies on this distribution: 56% of detached houses are smaller than 2 COLNE CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Worthing.

2 COLNE CLOSE: Plot and Title Map

2 COLNE CLOSE sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 2 COLNE 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 COLNE 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 COLNE CLOSE?

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