3, SPEY CLOSE, WORTHING, BN13 3LT - £277,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 SPEY CLOSE is a very large semi-detached house of 163m², built sometime between 1967 and 1975, which could now be worth an estimated £442,026. It was last sold for £277,500 in February 2015, which was around 1% above the average February 2015 semi-detached price in the Worthing local authority area. The most recent EPC inspection was November 2013, where the current energy rating was E, and the potential energy rating was C.

3 SPEY CLOSE Sold Prices

Land registry data shows five sales for 3 SPEY CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Worthing local authority area for the corresponding sale date. All of the five 3 SPEY 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
2015 20 FEB	£277,500	£274,589	1% above HPI
2012 20 FEB	£230,000	£220,222	4% above HPI
1998 4 DEC	£98,000	£82,636	19% above HPI
1997 23 MAY	£82,500	£69,813	18% above HPI
1997 14 MAR	£85,000	£66,378	28% above HPI

3 SPEY CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Worthing local authority area over time, sourced from the HPI. The five 3 SPEY CLOSE sales between March 1997 and February 2015 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 2012 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the February 2015 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 3 SPEY CLOSE be worth now?

3 SPEY CLOSE might now be worth an estimated £442,026.

This is based on house price inflation of 59.3%, between February 2015 and February 2025, for semi-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 59.3% inflationary increase is applied to the most recent sale price for 3 SPEY CLOSE of £277,500 on 20th February 2015. For the value to have increased from £277,500 to £442,026 over the ten years to February 2025, the following assumptions must hold true:

• The value of 3 SPEY CLOSE has moved in line with the HPI for semi-detached houses in the Worthing local authority area.
• The February 2015 sale price of £277,500 represented a fair market value for the property.
• The size, condition, and specification of 3 SPEY CLOSE has not materially changed since February 2015.

How Large is 3 SPEY CLOSE?

3 SPEY CLOSE is 163m² according to the EPC inspection conducted in November 2013. This puts it in the largest 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 3 SPEY CLOSE lies on this distribution: 80% of semi-detached houses houses are smaller than 3 SPEY CLOSE, and 19% of houses are larger. Note that EPC data is not available for all properties in Worthing.

3 SPEY CLOSE: Plot and Title Map

3 SPEY CLOSE sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 3 SPEY 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 SPEY 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 SPEY CLOSE?

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