DORMERS, STEEP LANE, FINDON, WORTHING, BN14 0UE - £625,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

DORMERS is a very large extended detached house of 227m², built sometime between 1930 and 1949, which could now be worth an estimated £1,037,163. It was last sold for £625,000 in November 2012, which was around 80% above the average November 2012 detached price in the Arun local authority area. The most recent EPC inspection was April 2009, where the current energy rating was F, and the potential energy rating was D.

DORMERS Sold Prices

Land registry data shows two sales for DORMERS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Arun local authority area for the corresponding sale date. Both of the two DORMERS 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
2012 28 NOV	£625,000	£346,321	80% above HPI
1997 13 MAR	£205,000	£106,805	92% above HPI

DORMERS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The two DORMERS sales from March 1997 and November 2012 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 1997 sale was for 92% above the HPI. So the extrapolation line tracks at 92% above the HPI over time, until the November 2012 sale, where it falls to 80% above the HPI. The line then continues to track at 80% above the HPI.

What might DORMERS be worth now?

DORMERS might now be worth an estimated £1,037,163.

This is based on house price inflation of 65.9%, between November 2012 and February 2025, for detached houses, in the Arun local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 65.9% inflationary increase is applied to the most recent sale price for DORMERS of £625,000 on 28th November 2012. For the value to have increased from £625,000 to £1,037,163 over the thirteen years and nine months to February 2025, the following assumptions must hold true:

• The value of DORMERS has moved in line with the HPI for detached houses in the Arun local authority area.
• The November 2012 sale price of £625,000 represented a fair market value for the property.
• The size, condition, and specification of DORMERS has not materially changed since November 2012.

How Large is DORMERS?

DORMERS is 227m², which includes two extensions, according to the EPC inspection conducted in April 2009. This puts it in the largest 20% of detached houses houses in Findon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Findon, and where DORMERS lies on this distribution: 88% of detached houses houses are smaller than DORMERS, and 12% of houses are larger. Note that EPC data is not available for all properties in Findon.

DORMERS: Plot and Title Map

DORMERS sits on a plot of roughly 0.454 of an acre, or 1,836m². The below map shows the location of DORMERS, 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 DORMERS). 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 DORMERS?

DORMERS is located on STEEP LANE in FINDON, in the BN14 postcode district. The below map shows the position of DORMERS on STEEP LANE.