38, MADEIRA AVENUE, WORTHING, BN11 2BA - £486,250

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.

38 MADEIRA AVENUE is a small semi-detached house of 95m², built sometime between 1930 and 1949, which could now be worth an estimated £585,206. It was last sold for £486,250 in October 2020, which was around 36% above the average October 2020 semi-detached price in the Worthing local authority area. The most recent EPC inspection was August 2010, where the current energy rating was D, and the potential energy rating was D.

38 MADEIRA AVENUE Sold Prices

Land registry data shows two sales for 38 MADEIRA AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Worthing local authority area for the corresponding sale date. Both of the two 38 MADEIRA AVENUE 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
2020 12 OCT	£486,250	£358,123	36% above HPI
2012 19 JUL	£300,000	£237,687	26% above HPI

38 MADEIRA AVENUE 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 two 38 MADEIRA AVENUE sales from July 2012 and October 2020 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 July 2012 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the October 2020 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.

What might 38 MADEIRA AVENUE be worth now?

38 MADEIRA AVENUE might now be worth an estimated £585,206.

This is based on house price inflation of 20.4%, between October 2020 and March 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 20.4% inflationary increase is applied to the most recent sale price for 38 MADEIRA AVENUE of £486,250 on 12th October 2020. For the value to have increased from £486,250 to £585,206 over the five years and seven months to March 2025, the following assumptions must hold true:

• The value of 38 MADEIRA AVENUE has moved in line with the HPI for semi-detached houses in the Worthing local authority area.
• The October 2020 sale price of £486,250 represented a fair market value for the property.
• The size, condition, and specification of 38 MADEIRA AVENUE has not materially changed since October 2020.

How Large is 38 MADEIRA AVENUE?

38 MADEIRA AVENUE is 95m² according to the EPC inspection conducted in August 2010. This puts it in the smallest 40% 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 38 MADEIRA AVENUE lies on this distribution: 32% of semi-detached houses houses are smaller than 38 MADEIRA AVENUE, and 68% of houses are larger. Note that EPC data is not available for all properties in Worthing.

38 MADEIRA AVENUE: Plot and Title Map

38 MADEIRA AVENUE sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 38 MADEIRA AVENUE, 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 38 MADEIRA AVENUE). 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 38 MADEIRA AVENUE?

38 MADEIRA AVENUE is located in WORTHING, in the BN11 postcode district. The below map shows the position of No. 38 on MADEIRA AVENUE.