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 ELM BANK COTTAGES is a very small semi-detached house of 60m², built sometime between 1930 and 1949, which could now be worth an estimated £368,093. It was last sold for £249,500 in May 2015, which was around 12% below the average May 2015 semi-detached price in the Worthing local authority area. The most recent EPC inspection was February 2009, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 2 ELM BANK COTTAGES since 1st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Worthing local authority area for the corresponding sale date. All of the three 2 ELM BANK COTTAGES 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 |
---|---|---|---|
2015 8 MAY | £249,500 | £285,034 | ![]() 12% below HPI |
2006 15 SEP | £170,000 | £218,174 | ![]() 22% below HPI |
2001 20 MAR | £105,000 | £114,795 | ![]() 9% below HPI |
The below graph shows the average semi-detached house price in the Worthing local authority area over time, sourced from the HPI. The three 2 ELM BANK COTTAGES sales between March 2001 and May 2015 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 September 2006 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the May 2015 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.
2 ELM BANK COTTAGES might now be worth an estimated £368,093.
This is based on house price inflation of 47.5%, between May 2015 and December 2024, for semi-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 47.5% inflationary increase is applied to the most recent sale price for 2 ELM BANK COTTAGES of £249,500 on 8th May 2015. For the value to have increased from £249,500 to £368,093 over the eight years and five months to December 2024, the following assumptions must hold true:
2 ELM BANK COTTAGES is 60m² according to the EPC inspection conducted in February 2009. This puts it in the smallest 10% of semi-detached houses houses in Worthing, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Worthing, and where 2 ELM BANK COTTAGES lies on this distribution: 2% of semi-detached houses houses are smaller than 2 ELM BANK COTTAGES, and 98% of houses are larger. Note that EPC data is not available for all properties in Worthing.
2 ELM BANK COTTAGES sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 2 ELM BANK COTTAGES, 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 ELM BANK COTTAGES). 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.
2 ELM BANK COTTAGES is located on DURRINGTON HILL in WORTHING, in the BN13 postcode district. The below map shows the position of 2 ELM BANK COTTAGES on DURRINGTON HILL.
Most recent sales first: