63, WALLACE AVENUE, WORTHING, BN11 5QA - £408,000

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.

63 WALLACE AVENUE is a small detached house of 89m², built sometime between 1930 and 1949, which could now be worth an estimated £508,315. It was last sold for £408,000 in May 2018, which was around 20% below the average May 2018 detached price in the Worthing local authority area. The most recent EPC inspection was November 2015, where the current energy rating was E, and the potential energy rating was C.

63 WALLACE AVENUE Sold Prices

Land registry data shows two sales for 63 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 63 WALLACE AVENUE sales were 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
2018 22 MAY	£408,000	£507,711	20% below HPI
2004 7 APR	£249,999	£286,179	13% below HPI

63 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 63 WALLACE AVENUE sales from April 2004 and May 2018 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 April 2004 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the May 2018 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 63 WALLACE AVENUE be worth now?

63 WALLACE AVENUE might now be worth an estimated £508,315.

This is based on house price inflation of 24.6%, between May 2018 and February 2025, 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 24.6% inflationary increase is applied to the most recent sale price for 63 WALLACE AVENUE of £408,000 on 22nd May 2018. For the value to have increased from £408,000 to £508,315 over the seven years and three months to February 2025, the following assumptions must hold true:

• The value of 63 WALLACE AVENUE has moved in line with the HPI for detached houses in the Worthing local authority area.
• The May 2018 sale price of £408,000 represented a fair market value for the property.
• The size, condition, and specification of 63 WALLACE AVENUE has not materially changed since May 2018.

How Large is 63 WALLACE AVENUE?

63 WALLACE AVENUE is 89m² according to the EPC inspection conducted in November 2015. This puts it in the smallest 30% 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 63 WALLACE AVENUE lies on this distribution: 25% of detached houses houses are smaller than 63 WALLACE AVENUE, and 74% of houses are larger. Note that EPC data is not available for all properties in Worthing.

63 WALLACE AVENUE: Plot and Title Map

63 WALLACE AVENUE sits on a plot of roughly 0.142 of an acre, or 574m². The below map shows the location of 63 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 63 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 63 WALLACE AVENUE?

63 WALLACE AVENUE is located in WORTHING, in the BN11 postcode district. The below map shows the position of No. 63 on WALLACE AVENUE.