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
88 WALLACE AVENUE is a very large extended detached house of 178m², built sometime between 1930 and 1949. It was last sold for £615,000 in February 2016, which was around 35% above the average February 2016 detached price in the Worthing local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 88 WALLACE 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 88 WALLACE AVENUE 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 |
---|---|---|---|
2016 19 FEB | £615,000 | £454,747 | 35% above HPI |
2005 29 JUL | £380,000 | £291,988 | 30% 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 88 WALLACE AVENUE sales from July 2005 and February 2016 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 2005 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the February 2016 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.
88 WALLACE AVENUE is 178m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the largest 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 88 WALLACE AVENUE lies on this distribution: 87% of detached houses are smaller than 88 WALLACE AVENUE, and 13% of houses are larger. Note that EPC data is not available for all properties in Worthing.
88 WALLACE AVENUE sits on a plot of roughly 0.139 of an acre, or 563m². The below map shows the location of 88 WALLACE 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 88 WALLACE 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.
88 WALLACE AVENUE is located in WORTHING, in the BN11 postcode district. The below map shows the position of No. 88 on WALLACE AVENUE.