5, CLEVELAND CLOSE, WORTHING, BN13 2HB - £249,000

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

5 CLEVELAND CLOSE is a small detached house of 87m², built sometime between 1950 and 1966. It was last sold for £249,000 in February 2013, which was around 26% below the average February 2013 detached price in the Worthing local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was C.

5 CLEVELAND CLOSE Sold Prices

Land registry data shows three sales for 5 CLEVELAND CLOSE since 1^st 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. Two of the three 5 CLEVELAND CLOSE sales were for below the average price, whilst one was 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
2013 1 FEB	£249,000	£337,706	26% below HPI
2002 15 MAY	£225,000	£211,266	7% above HPI
1997 30 MAY	£91,000	£104,719	13% below HPI

5 CLEVELAND 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 three 5 CLEVELAND CLOSE sales between May 1997 and February 2013 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 May 2002 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the February 2013 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 5 CLEVELAND CLOSE?

5 CLEVELAND CLOSE is 87m² according to the EPC inspection conducted in June 2023. 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 5 CLEVELAND CLOSE lies on this distribution: 22% of detached houses are smaller than 5 CLEVELAND CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Worthing.

5 CLEVELAND CLOSE: Plot and Title Map

5 CLEVELAND CLOSE sits on a plot of roughly 0.108 of an acre, or 437m². The below map shows the location of 5 CLEVELAND 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 5 CLEVELAND 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 5 CLEVELAND CLOSE?

5 CLEVELAND CLOSE is located in WORTHING, in the BN13 postcode district. The below map shows the position of No. 5 on CLEVELAND CLOSE.