2, MARINE CLOSE, WORTHING, BN11 5DG - £625,000

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

2 MARINE CLOSE is a large detached house of 145m², built sometime between 1900 and 1929. It was last sold for £625,000 in September 2022, which was around 3% below the average September 2022 detached price in the Worthing local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was C.

2 MARINE CLOSE Sold Prices

Land registry data shows two sales for 2 MARINE 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. One of the two 2 MARINE CLOSE sales was for below the average price, whilst the other was for above 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
2022 28 SEP	£625,000	£647,360	3% below HPI
1995 13 OCT	£110,000	£96,873	14% above HPI

2 MARINE 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 MARINE CLOSE sales from October 1995 and September 2022 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 October 1995 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the September 2022 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 2 MARINE CLOSE be worth now?

2 MARINE CLOSE might now be worth an estimated £586,117.

This is based on house price deflation of 6.2%, between September 2022 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 6.2% deflationary decrease is applied to the most recent sale price for 2 MARINE CLOSE of £625,000 on 28th September 2022. For the value to have decreased from £625,000 to £586,117 over the one year and nine months to December 2024, the following assumptions must hold true:

• The value of 2 MARINE CLOSE has moved in line with the HPI for detached houses in the Worthing local authority area.
• The September 2022 sale price of £625,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MARINE CLOSE has not materially changed since September 2022.

How Large is 2 MARINE CLOSE?

2 MARINE CLOSE is 145m² according to the EPC inspection conducted in May 2022. This puts it in the largest 30% 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 MARINE CLOSE lies on this distribution: 71% of detached houses houses are smaller than 2 MARINE CLOSE, and 29% of houses are larger. Note that EPC data is not available for all properties in Worthing.

2 MARINE CLOSE: Plot and Title Map

2 MARINE CLOSE sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 2 MARINE 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 MARINE 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 MARINE CLOSE?

2 MARINE CLOSE is located in WORTHING, in the BN11 postcode district. The below map shows the position of No. 2 on MARINE CLOSE.