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
8 WALLACE MEWS is a large detached house of 128m², built sometime between 1996 and 2002. It was last sold for £405,000 in June 2007, which was around 23% above the average June 2007 detached price in the Worthing local authority area. The most recent EPC inspection was February 2024, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 8 WALLACE MEWS 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 8 WALLACE MEWS 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 |
---|---|---|---|
2007 29 JUN | £405,000 | £328,067 | 23% above HPI |
2000 6 MAR | £215,000 | £155,421 | 38% above HPI |
The below graph shows the average detached house price in the Worthing local authority area over time, sourced from the HPI. The two 8 WALLACE MEWS sales from March 2000 and June 2007 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 March 2000 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the June 2007 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.
8 WALLACE MEWS is 128m² according to the EPC inspection conducted in February 2024. This puts it in the largest 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 8 WALLACE MEWS lies on this distribution: 61% of detached houses are smaller than 8 WALLACE MEWS, and 38% of houses are larger. Note that EPC data is not available for all properties in Worthing.
8 WALLACE MEWS sits on a plot of roughly 0.068 of an acre, or 273m². The below map shows the location of 8 WALLACE MEWS, 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 8 WALLACE MEWS). 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.
8 WALLACE MEWS is located in WORTHING, in the BN11 postcode district. The below map shows the position of No. 8 on WALLACE MEWS.