55, WALLACE AVENUE, WORTHING, BN11 5QD - £625,000

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

55 WALLACE AVENUE is a midsized extended detached house of 117m², built sometime between 1900 and 1929. It was last sold for £625,000 in November 2021, which was around 3% above the average November 2021 detached price in the Worthing local authority area. The most recent EPC inspection was May 2021, where the current energy rating was E, and the potential energy rating was C.

55 WALLACE AVENUE Sold Prices

Land registry data shows two sales for 55 WALLACE AVENUE 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 55 WALLACE AVENUE 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 11 NOV	£625,000	£609,067	3% above HPI
2001 30 AUG	£239,950	£202,919	18% above HPI

55 WALLACE AVENUE 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 55 WALLACE AVENUE sales from August 2001 and November 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 August 2001 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the November 2021 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 55 WALLACE AVENUE be worth now?

55 WALLACE AVENUE might now be worth an estimated £622,967.

This is based on house price deflation of 0.3%, between November 2021 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 0.3% deflationary decrease is applied to the most recent sale price for 55 WALLACE AVENUE of £625,000 on 11th November 2021. For the value to have decreased from £625,000 to £622,967 over the two years and eleven months to December 2024, the following assumptions must hold true:

• The value of 55 WALLACE AVENUE has moved in line with the HPI for detached houses in the Worthing local authority area.
• The November 2021 sale price of £625,000 represented a fair market value for the property.
• The size, condition, and specification of 55 WALLACE AVENUE has not materially changed since November 2021.

How Large is 55 WALLACE AVENUE?

55 WALLACE AVENUE is 117m², which includes one extension, according to the EPC inspection conducted in May 2021. 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 55 WALLACE AVENUE lies on this distribution: 52% of detached houses houses are smaller than 55 WALLACE AVENUE, and 47% of houses are larger. Note that EPC data is not available for all properties in Worthing.

55 WALLACE AVENUE: Plot and Title Map

55 WALLACE AVENUE sits on a plot of roughly 0.103 of an acre, or 415m². The below map shows the location of 55 WALLACE AVENUE, 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 55 WALLACE AVENUE). 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 55 WALLACE AVENUE?

55 WALLACE AVENUE is located in WORTHING, in the BN11 postcode district. The below map shows the position of No. 55 on WALLACE AVENUE.