Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
7 OFFINGTON AVENUE is a very small detached house of 78m², built sometime between 1930 and 1949. It was last sold for £350,000 in February 2019, which was around 30% below the average February 2019 detached price in the Worthing local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 7 OFFINGTON AVENUE since 1st 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 7 OFFINGTON 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 |
---|---|---|---|
2019 22 FEB | £350,000 | £497,774 | 30% below HPI |
2000 19 JUN | £155,000 | £165,432 | 6% below HPI |
The below graph shows the average detached house price in the Worthing local authority area over time, sourced from the HPI. The two 7 OFFINGTON AVENUE sales from June 2000 and February 2019 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 June 2000 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the February 2019 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.
7 OFFINGTON AVENUE is 78m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 20% 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 OFFINGTON AVENUE lies on this distribution: 13% of detached houses are smaller than 7 OFFINGTON AVENUE, and 86% of houses are larger. Note that EPC data is not available for all properties in Worthing.
7 OFFINGTON AVENUE sits on a plot of roughly 0.117 of an acre, or 474m². The below map shows the location of 7 OFFINGTON 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 7 OFFINGTON 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.
7 OFFINGTON AVENUE is located in WORTHING, in the BN14 postcode district. The below map shows the position of No. 7 on OFFINGTON AVENUE.