5, OAK CLOSE, WORTHING, BN13 3DT - £412,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 OAK CLOSE is a midsized extended detached house of 126m², built sometime between 1950 and 1966. It was last sold for £412,500 in November 2010, which was around 21% above the average November 2010 detached price in the Worthing local authority area. The most recent EPC inspection was March 2010, where the current energy rating was D, and the potential energy rating was D.

5 OAK CLOSE Sold Prices

Land registry data shows three sales for 5 OAK 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 OAK CLOSE sales were for above the average price, whilst one was 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
2010 4 NOV	£412,500	£339,771	21% above HPI
2007 11 JUN	£417,500	£341,054	22% above HPI
2001 19 DEC	£172,000	£211,582	19% below HPI

5 OAK 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 OAK CLOSE sales between December 2001 and November 2010 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 2007 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the November 2010 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 5 OAK CLOSE be worth now?

5 OAK CLOSE might now be worth an estimated £737,035.

This is based on house price inflation of 78.7%, between November 2010 and December 2024, for 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 78.7% inflationary increase is applied to the most recent sale price for 5 OAK CLOSE of £412,500 on 4th November 2010. For the value to have increased from £412,500 to £737,035 over the thirteen years and eleven months to December 2024, the following assumptions must hold true:

• The value of 5 OAK CLOSE has moved in line with the HPI for detached houses in the Worthing local authority area.
• The November 2010 sale price of £412,500 represented a fair market value for the property.
• The size, condition, and specification of 5 OAK CLOSE has not materially changed since November 2010.

How Large is 5 OAK CLOSE?

5 OAK CLOSE is 126m², which includes one extension, according to the EPC inspection conducted in March 2010. This puts it in the largest 50% of detached houses houses in Worthing, based on EPC data. The below chart shows the distribution of detached houses houses by size in Worthing, and where 5 OAK CLOSE lies on this distribution: 60% of detached houses houses are smaller than 5 OAK CLOSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Worthing.

5 OAK CLOSE: Plot and Title Map

5 OAK CLOSE sits on a plot of roughly 0.198 of an acre, or 803m². The below map shows the location of 5 OAK 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 OAK 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 OAK CLOSE?

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