3, CHEVIOT CLOSE, WORTHING, BN13 2LL - £525,000

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

3 CHEVIOT CLOSE is a midsized extended detached house of 116m², built sometime between 1950 and 1966. It was last sold for £525,000 in June 2023, which was around 16% below the average June 2023 detached price in the Worthing local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

3 CHEVIOT CLOSE Sold Prices

Land registry data shows four sales for 3 CHEVIOT CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Worthing local authority area for the corresponding sale date. All of the four 3 CHEVIOT CLOSE 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
2023 30 JUN	£525,000	£622,860	16% below HPI
2018 1 FEB	£415,000	£482,067	14% below HPI
2005 3 AUG	£259,995	£286,012	9% below HPI
2000 28 JUN	£143,950	£165,432	13% below HPI

3 CHEVIOT 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 four 3 CHEVIOT CLOSE sales between June 2000 and June 2023 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 2018 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the June 2023 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 3 CHEVIOT CLOSE?

3 CHEVIOT CLOSE is 116m², which includes one extension, according to the EPC inspection conducted in May 2016. This puts it in the largest 50% of detached houses in Worthing, based on EPC data. The below chart shows the distribution of detached houses by size in Worthing, and where 3 CHEVIOT CLOSE lies on this distribution: 52% of detached houses are smaller than 3 CHEVIOT CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Worthing.

3 CHEVIOT CLOSE: Plot and Title Map

3 CHEVIOT CLOSE sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of 3 CHEVIOT 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 3 CHEVIOT 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 3 CHEVIOT CLOSE?

3 CHEVIOT CLOSE is located in WORTHING, in the BN13 postcode district. The below map shows the position of No. 3 on CHEVIOT CLOSE.