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 VALE DRIVE is a small extended detached house of 99m², built sometime between 1930 and 1949. It was last sold for £345,000 in August 2014, which was around 10% below the average August 2014 detached price in the Worthing local authority area. The most recent EPC inspection was August 2024, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 2 VALE DRIVE since 1st 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 VALE DRIVE 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 22 AUG | £345,000 | £385,140 | 10% below HPI |
2002 21 FEB | £140,000 | £209,130 | 33% below HPI |
1996 19 FEB | £59,500 | £86,914 | 32% below HPI |
The below graph shows the average detached house price in the Worthing local authority area over time, sourced from the HPI. The three 2 VALE DRIVE sales between February 1996 and August 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 February 2002 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the August 2014 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.
2 VALE DRIVE is 99m², which includes one extension, according to the EPC inspection conducted in August 2024. This puts it in the smallest 40% 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 VALE DRIVE lies on this distribution: 35% of detached houses are smaller than 2 VALE DRIVE, and 64% of houses are larger. Note that EPC data is not available for all properties in Worthing.
2 VALE DRIVE sits on a plot of roughly 0.128 of an acre, or 517m². The below map shows the location of 2 VALE DRIVE, 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 VALE DRIVE). 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 VALE DRIVE is located in WORTHING, in the BN14 postcode district. The below map shows the position of No. 2 on VALE DRIVE.