FOUR TREES, DURRINGTON HILL, WORTHING, BN13 2PY - £423,500

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

FOUR TREES is a small extended detached house of 88m², built sometime between 1967 and 1975. It was last sold for £423,500 in March 2024, which was around 30% below the average March 2024 detached price in the Worthing local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was C.

FOUR TREES Sold Prices

Land registry data shows two sales for FOUR TREES since 1^st 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 FOUR TREES 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
2024 8 MAR	£423,500	£603,242	30% below HPI
2018 19 JUL	£325,000	£491,675	34% below HPI

FOUR TREES 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 two FOUR TREES sales from July 2018 and March 2024 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 2018 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the March 2024 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is FOUR TREES?

FOUR TREES is 88m², which includes one extension, according to the EPC inspection conducted in March 2018. This puts it in the smallest 30% of detached houses in Worthing, based on EPC data. The below chart shows the distribution of detached houses by size in Worthing, and where FOUR TREES lies on this distribution: 23% of detached houses are smaller than FOUR TREES, and 76% of houses are larger. Note that EPC data is not available for all properties in Worthing.

FOUR TREES: Plot and Title Map

FOUR TREES sits on a plot of roughly 0.104 of an acre, or 419m². The below map shows the location of FOUR TREES, 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 FOUR TREES). 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 FOUR TREES?

FOUR TREES is located on DURRINGTON HILL in WORTHING, in the BN13 postcode district. The below map shows the position of FOUR TREES on DURRINGTON HILL.