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
5 CRADOCK PLACE is a very large extended detached house of 237m², built sometime between 1900 and 1929. It was last sold for £650,000 in January 2021, which was around 25% above the average January 2021 detached price in the Worthing local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows three sales for 5 CRADOCK PLACE 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 5 CRADOCK PLACE 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 |
---|---|---|---|
2021 18 JAN | £650,000 | £521,086 | 25% above HPI |
1999 9 JUN | £205,000 | £132,498 | 55% above HPI |
1998 9 APR | £167,500 | £119,491 | 40% above HPI |
The below graph shows the average detached house price in the Worthing local authority area over time, sourced from the HPI. The three 5 CRADOCK PLACE sales between April 1998 and January 2021 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 June 1999 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the January 2021 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.
5 CRADOCK PLACE is 237m², which includes one extension, according to the EPC inspection conducted in November 2011. This puts it in the largest 10% 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 CRADOCK PLACE lies on this distribution: 97% of detached houses are smaller than 5 CRADOCK PLACE, and 3% of houses are larger. Note that EPC data is not available for all properties in Worthing.
5 CRADOCK PLACE sits on a plot of roughly 0.270 of an acre, or 1,094m². The below map shows the location of 5 CRADOCK PLACE, 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 CRADOCK PLACE). 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.
5 CRADOCK PLACE is located in WORTHING, in the BN13 postcode district. The below map shows the position of No. 5 on CRADOCK PLACE.