94, WALLACE AVENUE, WORTHING, BN11 5QD - £335,000

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

94 WALLACE AVENUE is a very small extended detached house of 71m², built sometime between 1950 and 1966. It was last sold for £335,000 in February 2021, which was around 36% below the average February 2021 detached price in the Worthing local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was C.

94 WALLACE AVENUE Sold Prices

Land registry data shows four sales for 94 WALLACE AVENUE since 1^st 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 94 WALLACE 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
2021 12 FEB	£335,000	£519,922	36% below HPI
2014 16 JUN	£150,000	£371,158	60% below HPI
2001 6 DEC	£145,000	£203,525	29% below HPI
1996 2 JUL	£83,890	£93,231	10% below HPI

94 WALLACE AVENUE 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 four 94 WALLACE AVENUE sales between July 1996 and February 2021 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 2014 sale was for 60% below the HPI. So the extrapolation line tracks at 60% below the HPI over time, until the February 2021 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 94 WALLACE AVENUE?

94 WALLACE AVENUE is 71m², which includes one extension, according to the EPC inspection conducted in September 2013. This puts it in the smallest 10% of detached houses in Worthing, based on EPC data. The below chart shows the distribution of detached houses by size in Worthing, and where 94 WALLACE AVENUE lies on this distribution: 7% of detached houses are smaller than 94 WALLACE AVENUE, and 92% of houses are larger. Note that EPC data is not available for all properties in Worthing.

94 WALLACE AVENUE: Plot and Title Map

94 WALLACE AVENUE sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 94 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 94 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.

Where is 94 WALLACE AVENUE?

94 WALLACE AVENUE is located in WORTHING, in the BN11 postcode district. The below map shows the position of No. 94 on WALLACE AVENUE.