7, PALMERS WAY, WORTHING, BN13 3DP - £550,000

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 PALMERS WAY is a midsized detached house of 106m², built sometime between 1930 and 1949. It was last sold for £550,000 in April 2024, which was around 9% below the average April 2024 detached price in the Worthing local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was C.

7 PALMERS WAY Sold Prices

Land registry data shows five sales for 7 PALMERS WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Worthing local authority area for the corresponding sale date. Most of the five 7 PALMERS WAY 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
2024 19 APR	£550,000	£606,434	9% below HPI
2019 19 JUL	£430,000	£500,695	14% below HPI
2012 2 NOV	£340,000	£327,608	4% above HPI
2007 29 MAY	£352,500	£325,978	8% above HPI
2003 10 JAN	£270,000	£262,954	3% above HPI

7 PALMERS WAY 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 five 7 PALMERS WAY sales between January 2003 and April 2024 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 July 2019 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the April 2024 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 7 PALMERS WAY?

7 PALMERS WAY is 106m² according to the EPC inspection conducted in May 2023. This puts it in the smallest 50% 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 PALMERS WAY lies on this distribution: 43% of detached houses are smaller than 7 PALMERS WAY, and 57% of houses are larger. Note that EPC data is not available for all properties in Worthing.

7 PALMERS WAY: Plot and Title Map

7 PALMERS WAY sits on a plot of roughly 0.158 of an acre, or 638m². The below map shows the location of 7 PALMERS WAY, 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 PALMERS WAY). 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 PALMERS WAY?

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