ELMSLEA LODGE, SOUTH STREET, TARRING, WORTHING, BN14 7NL - £345,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

ELMSLEA LODGE is a very small extended detached house of 67m², built sometime before 1900. It was last sold for £345,000 in May 2019, which was around 34% below the average May 2019 detached price in the Worthing local authority area. The most recent EPC inspection was November 2014, where the current energy rating was F, and the potential energy rating was C.

ELMSLEA LODGE Sold Prices

Land registry data shows five sales for ELMSLEA LODGE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Worthing local authority area for the corresponding sale date. All of the five ELMSLEA LODGE 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
2019 24 MAY	£345,000	£524,498	34% below HPI
2015 19 MAY	£225,500	£425,186	47% below HPI
2007 30 NOV	£235,000	£351,168	33% below HPI
2001 24 JUN	£120,000	£195,191	39% below HPI
1998 7 AUG	£75,250	£132,067	43% below HPI

ELMSLEA LODGE 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 five ELMSLEA LODGE sales between August 1998 and May 2019 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 May 2015 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the May 2019 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might ELMSLEA LODGE be worth now?

ELMSLEA LODGE might now be worth an estimated £399,324.

This is based on house price inflation of 15.7%, between May 2019 and December 2024, for detached houses, in the Worthing local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.7% inflationary increase is applied to the most recent sale price for ELMSLEA LODGE of £345,000 on 24th May 2019. For the value to have increased from £345,000 to £399,324 over the four years and five months to December 2024, the following assumptions must hold true:

• The value of ELMSLEA LODGE has moved in line with the HPI for detached houses in the Worthing local authority area.
• The May 2019 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of ELMSLEA LODGE has not materially changed since May 2019.

How Large is ELMSLEA LODGE?

ELMSLEA LODGE is 67m², which includes two extensions, according to the EPC inspection conducted in November 2014. This puts it in the smallest 10% of detached houses houses in Worthing, based on EPC data. The below chart shows the distribution of detached houses houses by size in Worthing, and where ELMSLEA LODGE lies on this distribution: 4% of detached houses houses are smaller than ELMSLEA LODGE, and 95% of houses are larger. Note that EPC data is not available for all properties in Worthing.

ELMSLEA LODGE: Plot and Title Map

ELMSLEA LODGE sits on a plot of roughly 0.026 of an acre, or 106m². The below map shows the location of ELMSLEA LODGE, 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 ELMSLEA LODGE). 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 ELMSLEA LODGE?

ELMSLEA LODGE is located on SOUTH STREET in TARRING, in the BN14 postcode district. The below map shows the position of ELMSLEA LODGE on SOUTH STREET.