7, NEW PARADE, WORTHING, BN11 2BQ - £650,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

7 NEW PARADE is a very large extended semi-detached house of 212m², built sometime before 1900. It was last sold for £650,000 in July 2015, which was around 56% above the average July 2015 detached price in the Worthing local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

7 NEW PARADE Sold Prices

Land registry data shows three sales for 7 NEW PARADE 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 7 NEW PARADE 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
2015 30 JUL	£650,000	£416,206	56% above HPI
1997 6 OCT	£115,000	£115,991	1% below HPI
1997 19 AUG	£258,000	£109,600	135% above HPI

7 NEW PARADE 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 7 NEW PARADE sales between August 1997 and July 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 October 1997 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the July 2015 sale, where it rises to 56% above the HPI. The line then continues to track at 56% above the HPI.

How Large is 7 NEW PARADE?

7 NEW PARADE is 212m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the largest 10% of detached houses in Worthing, based on EPC data. The below chart shows the distribution of detached houses by size in Worthing, and where 7 NEW PARADE lies on this distribution: 94% of detached houses are smaller than 7 NEW PARADE, and 6% of houses are larger. Note that EPC data is not available for all properties in Worthing.

7 NEW PARADE: Plot and Title Map

7 NEW PARADE sits on a plot of roughly 0.039 of an acre, or 158m². The below map shows the location of 7 NEW PARADE, 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 7 NEW PARADE). 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 7 NEW PARADE?

7 NEW PARADE is located in WORTHING, in the BN11 postcode district. The below map shows the position of No. 7 on NEW PARADE.