7, OAK CLOSE, WORTHING, BN13 3DT - £295,000

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 OAK CLOSE is a small extended detached house of 98m², built sometime between 1950 and 1966. It was last sold for £295,000 in June 2006, which was around 1% below the average June 2006 detached price in the Worthing local authority area. The most recent EPC inspection was March 2023, where the current energy rating was E, and the potential energy rating was B.

7 OAK CLOSE Sold Prices

Land registry data shows three sales for 7 OAK CLOSE 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 OAK CLOSE sales were for below the average price, whilst one was 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
2006 23 JUN	£295,000	£298,422	1% below HPI
1999 2 DEC	£153,000	£150,040	2% above HPI
1998 3 AUG	£116,000	£127,038	9% below HPI

7 OAK CLOSE 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 OAK CLOSE sales between August 1998 and June 2006 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 December 1999 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the June 2006 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 7 OAK CLOSE?

7 OAK CLOSE is 98m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the smallest 40% 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 OAK CLOSE lies on this distribution: 34% of detached houses are smaller than 7 OAK CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Worthing.

7 OAK CLOSE: Plot and Title Map

7 OAK CLOSE sits on a plot of roughly 0.102 of an acre, or 411m². The below map shows the location of 7 OAK 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 7 OAK 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 7 OAK CLOSE?

7 OAK CLOSE is located in WORTHING, in the BN13 postcode district. The below map shows the position of No. 7 on OAK CLOSE.