2, RYE CLOSE, WORTHING, BN11 5EG - £720,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 RYE CLOSE is a very large extended detached house of 255m², built sometime between 1930 and 1949. It was last sold for £720,000 in August 2019, which was around 45% above the average August 2019 detached price in the Worthing local authority area. The most recent EPC inspection was February 2014, where the current energy rating was E, and the potential energy rating was C.

2 RYE CLOSE Sold Prices

Land registry data shows five sales for 2 RYE CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Worthing local authority area for the corresponding sale date. All of the five 2 RYE CLOSE sales were 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
2019 30 AUG	£720,000	£498,225	45% above HPI
2016 19 FEB	£595,000	£454,747	31% above HPI
2000 19 SEP	£287,500	£174,900	64% above HPI
1997 5 JUN	£138,000	£104,425	32% above HPI
1996 15 JAN	£116,250	£87,456	33% above HPI

2 RYE 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 five 2 RYE CLOSE sales between January 1996 and August 2019 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 February 2016 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the August 2019 sale, where it rises to 45% above the HPI. The line then continues to track at 45% above the HPI.

How Large is 2 RYE CLOSE?

2 RYE CLOSE is 255m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the largest 10% 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 RYE CLOSE lies on this distribution: 98% of detached houses are smaller than 2 RYE CLOSE, and 2% of houses are larger. Note that EPC data is not available for all properties in Worthing.

2 RYE CLOSE: Plot and Title Map

2 RYE CLOSE sits on a plot of roughly 0.136 of an acre, or 551m². The below map shows the location of 2 RYE 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 RYE 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 RYE CLOSE?

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