5, PALMERS WAY, WORTHING, BN13 3DP - £650,000

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 PALMERS WAY is a very large detached house of 294m², built sometime between 1983 and 1990. It was last sold for £650,000 in June 2015, which was around 50% above the average June 2015 detached price in the Worthing local authority area. The most recent EPC inspection was February 2014, where the current energy rating was C, and the potential energy rating was C.

5 PALMERS WAY Sold Prices

Land registry data shows two sales for 5 PALMERS WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Worthing local authority area for the corresponding sale date. Both of the two 5 PALMERS WAY 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
2015 4 JUN	£650,000	£432,484	50% above HPI
2003 7 JUL	£495,000	£280,782	76% above HPI

5 PALMERS WAY 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 two 5 PALMERS WAY sales from July 2003 and June 2015 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 2003 sale was for 76% above the HPI. So the extrapolation line tracks at 76% above the HPI over time, until the June 2015 sale, where it falls to 50% above the HPI. The line then continues to track at 50% above the HPI.

What might 5 PALMERS WAY be worth now?

5 PALMERS WAY might now be worth an estimated £912,417.

This is based on house price inflation of 40.4%, between June 2015 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 40.4% inflationary increase is applied to the most recent sale price for 5 PALMERS WAY of £650,000 on 4th June 2015. For the value to have increased from £650,000 to £912,417 over the eight years and six months to December 2024, the following assumptions must hold true:

• The value of 5 PALMERS WAY has moved in line with the HPI for detached houses in the Worthing local authority area.
• The June 2015 sale price of £650,000 represented a fair market value for the property.
• The size, condition, and specification of 5 PALMERS WAY has not materially changed since June 2015.

How Large is 5 PALMERS WAY?

5 PALMERS WAY is 294m² according to the EPC inspection conducted in February 2014. This puts it in the largest 10% 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 PALMERS WAY lies on this distribution: 99% of detached houses houses are smaller than 5 PALMERS WAY, and 1% of houses are larger. Note that EPC data is not available for all properties in Worthing.

5 PALMERS WAY: Plot and Title Map

5 PALMERS WAY sits on a plot of roughly 0.159 of an acre, or 643m². The below map shows the location of 5 PALMERS WAY, 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 PALMERS WAY). 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 PALMERS WAY?

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