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
43 STONE LANE is a large extended detached house of 143m², built sometime between 1900 and 1929. It was last sold for £655,000 in July 2023, which was around 5% above the average July 2023 detached price in the Worthing local authority area. The most recent EPC inspection was June 2014, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows three sales for 43 STONE LANE 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. One of the three 43 STONE LANE sales was for above the average price, whilst two 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 21 JUL | £655,000 | £621,943 | 5% above HPI |
2014 22 SEP | £375,000 | £393,139 | 5% below HPI |
2002 12 APR | £187,000 | £211,858 | 12% 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 43 STONE LANE sales between April 2002 and July 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 September 2014 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the July 2023 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.
43 STONE LANE is 143m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the largest 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 43 STONE LANE lies on this distribution: 70% of detached houses are smaller than 43 STONE LANE, and 30% of houses are larger. Note that EPC data is not available for all properties in Worthing.
43 STONE LANE sits on a plot of roughly 0.155 of an acre, or 628m². The below map shows the location of 43 STONE LANE, 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 43 STONE LANE). 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.
43 STONE LANE is located in WORTHING, in the BN13 postcode district. The below map shows the position of No. 43 on STONE LANE.