DOWNSIDE, STABLE LANE, FINDON, WORTHING, BN14 0RR - £800,000

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

DOWNSIDE is a very large extended detached house of 209m², built sometime between 1950 and 1966. It was last sold for £800,000 in December 2022, which was around 40% above the average December 2022 detached price in the Arun local authority area. The most recent EPC inspection was April 2015, where the current energy rating was C, and the potential energy rating was B.

DOWNSIDE Sold Prices

Land registry data shows three sales for DOWNSIDE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Arun local authority area for the corresponding sale date. All of the three DOWNSIDE 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
2022 20 DEC	£800,000	£569,985	40% above HPI
2005 27 JAN	£450,000	£289,319	56% above HPI
2002 10 JAN	£312,500	£202,071	55% above HPI

DOWNSIDE 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 three DOWNSIDE sales between January 2002 and December 2022 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 January 2005 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the December 2022 sale, where it falls to 40% above the HPI. The line then continues to track at 40% above the HPI.

How Large is DOWNSIDE?

DOWNSIDE is 209m², which includes one extension, according to the EPC inspection conducted in April 2015. This puts it in the largest 20% of detached houses in Findon, based on EPC data. The below chart shows the distribution of detached houses by size in Findon, and where DOWNSIDE lies on this distribution: 85% of detached houses are smaller than DOWNSIDE, and 15% of houses are larger. Note that EPC data is not available for all properties in Findon.

DOWNSIDE: Plot and Title Map

DOWNSIDE sits on a plot of roughly 0.179 of an acre, or 725m². The below map shows the location of DOWNSIDE, 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 DOWNSIDE). 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 DOWNSIDE?

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