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 WEAR ROAD is a midsized extended detached house of 118m², built sometime between 1967 and 1975. It was last sold for £215,000 in September 2009, which was around 29% below the average September 2009 detached price in the Worthing local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 7 WEAR ROAD since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Worthing local authority area for the corresponding sale date. All of the four 7 WEAR ROAD 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 |
---|---|---|---|
2009 25 SEP | £215,000 | £304,096 | 29% below HPI |
2004 20 DEC | £212,500 | £292,041 | 27% below HPI |
1998 25 SEP | £98,000 | £129,208 | 24% below HPI |
1997 25 MAR | £83,500 | £100,288 | 17% below HPI |
The below graph shows the average detached house price in the Worthing local authority area over time, sourced from the HPI. The four 7 WEAR ROAD sales between March 1997 and September 2009 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 2004 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the September 2009 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.
7 WEAR ROAD is 118m², which includes two extensions, according to the EPC inspection conducted in July 2022. This puts it in the largest 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 WEAR ROAD lies on this distribution: 53% of detached houses are smaller than 7 WEAR ROAD, and 46% of houses are larger. Note that EPC data is not available for all properties in Worthing.
7 WEAR ROAD sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 7 WEAR ROAD, 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 WEAR ROAD). 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 WEAR ROAD is located in WORTHING, in the BN13 postcode district. The below map shows the position of No. 7 on WEAR ROAD.