232, GORING WAY, FERRING, WORTHING, BN12 5BZ - £495,000

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

232 GORING WAY is a very small semi-detached house of 84m², built sometime between 1950 and 1966, which could now be worth an estimated £497,640. It was last sold for £495,000 in November 2024, which was around 38% above the average November 2024 semi-detached price in the Arun local authority area. The most recent EPC inspection was March 2024, where the current energy rating was D, and the potential energy rating was B.

232 GORING WAY Sold Prices

Land registry data shows three sales for 232 GORING WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Arun local authority area for the corresponding sale date. Two of the three 232 GORING WAY sales were for above the average price, whilst one was 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
2024 8 NOV	£495,000	£359,456	38% above HPI
2020 17 MAR	£375,000	£296,713	26% above HPI
1999 30 JUL	£75,000	£84,689	11% below HPI

232 GORING WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Arun local authority area over time, sourced from the HPI. The three 232 GORING WAY sales between July 1999 and November 2024 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 March 2020 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the November 2024 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

What might 232 GORING WAY be worth now?

232 GORING WAY might now be worth an estimated £497,640.

This is based on house price inflation of 0.5%, between November 2024 and December 2024, for semi-detached houses, in the Arun local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.5% inflationary increase is applied to the most recent sale price for 232 GORING WAY of £495,000 on 8th November 2024. For the value to have increased from £495,000 to £497,640 over the eleven months to December 2024, the following assumptions must hold true:

• The value of 232 GORING WAY has moved in line with the HPI for semi-detached houses in the Arun local authority area.
• The November 2024 sale price of £495,000 represented a fair market value for the property.
• The size, condition, and specification of 232 GORING WAY has not materially changed since November 2024.

How Large is 232 GORING WAY?

232 GORING WAY is 84m² according to the EPC inspection conducted in March 2024. This puts it in the smallest 20% 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 232 GORING WAY lies on this distribution: 19% of semi-detached houses houses are smaller than 232 GORING WAY, and 80% of houses are larger. Note that EPC data is not available for all properties in Worthing.

232 GORING WAY: Plot and Title Map

232 GORING WAY sits on a plot of roughly 0.104 of an acre, or 421m². The below map shows the location of 232 GORING WAY, 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 232 GORING WAY). 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 232 GORING WAY?

232 GORING WAY is located in FERRING, in the BN12 postcode district. The below map shows the position of No. 232 on GORING WAY.