5, PARK CLOSE, WORTHING, BN14 9RR - £358,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 PARK CLOSE is a very small extended semi-detached house of 73m², built sometime between 1930 and 1949, which could now be worth an estimated £487,692. It was last sold for £358,000 in October 2016, which was around 12% above the average October 2016 semi-detached price in the Worthing local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was C.

5 PARK CLOSE Sold Prices

Land registry data shows four sales for 5 PARK CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Worthing local authority area for the corresponding sale date. Most of the four 5 PARK CLOSE 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
2016 28 OCT	£358,000	£321,074	12% above HPI
2012 12 NOV	£236,500	£228,998	3% above HPI
1999 20 DEC	£118,500	£99,054	20% above HPI
1997 20 JUN	£66,000	£69,492	5% below HPI

5 PARK CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Worthing local authority area over time, sourced from the HPI. The four 5 PARK CLOSE sales between June 1997 and October 2016 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 November 2012 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the October 2016 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 5 PARK CLOSE be worth now?

5 PARK CLOSE might now be worth an estimated £487,692.

This is based on house price inflation of 36.2%, between October 2016 and February 2025, for semi-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 36.2% inflationary increase is applied to the most recent sale price for 5 PARK CLOSE of £358,000 on 28th October 2016. For the value to have increased from £358,000 to £487,692 over the nine years and eight months to February 2025, the following assumptions must hold true:

• The value of 5 PARK CLOSE has moved in line with the HPI for semi-detached houses in the Worthing local authority area.
• The October 2016 sale price of £358,000 represented a fair market value for the property.
• The size, condition, and specification of 5 PARK CLOSE has not materially changed since October 2016.

How Large is 5 PARK CLOSE?

5 PARK CLOSE is 73m², which includes three extensions, according to the EPC inspection conducted in August 2012. This puts it in the smallest 10% of semi-detached houses houses in Worthing, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Worthing, and where 5 PARK CLOSE lies on this distribution: 9% of semi-detached houses houses are smaller than 5 PARK CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Worthing.

5 PARK CLOSE: Plot and Title Map

5 PARK CLOSE sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 5 PARK 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 PARK 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 PARK CLOSE?

5 PARK CLOSE is located in WORTHING, in the BN14 postcode district. The below map shows the position of No. 5 on PARK CLOSE.