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
37 CLEVELAND ROAD is a small extended detached house of 85m², built sometime between 1950 and 1966. It was last sold for £475,000 in September 2023, which was around 23% below the average September 2023 detached price in the Worthing local authority area. The most recent EPC inspection was October 2018, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows three sales for 37 CLEVELAND ROAD 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 37 CLEVELAND ROAD 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 28 SEP | £475,000 | £620,839 | 23% below HPI |
2018 5 DEC | £327,000 | £498,151 | 34% below HPI |
1999 11 JUN | £105,000 | £132,498 | 21% 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 37 CLEVELAND ROAD sales between June 1999 and September 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 December 2018 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the September 2023 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.
37 CLEVELAND ROAD is 85m², which includes one extension, according to the EPC inspection conducted in October 2018. This puts it in the smallest 30% of detached houses in Worthing, based on EPC data. The below chart shows the distribution of detached houses by size in Worthing, and where 37 CLEVELAND ROAD lies on this distribution: 20% of detached houses are smaller than 37 CLEVELAND ROAD, and 79% of houses are larger. Note that EPC data is not available for all properties in Worthing.
37 CLEVELAND ROAD sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of 37 CLEVELAND ROAD, 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 37 CLEVELAND ROAD). 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.
37 CLEVELAND ROAD is located in WORTHING, in the BN13 postcode district. The below map shows the position of No. 37 on CLEVELAND ROAD.