MARKSWOOD, ABBOTTS CLOSE, WORTHING, BN11 1JB - £915,000

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

MARKSWOOD is a very large detached house of 191m², built sometime between 1950 and 1966. It was last sold for £915,000 in December 2020, which was around 68% above the average December 2020 detached price in the Worthing local authority area. The most recent EPC inspection was June 2010, where the current energy rating was D, and the potential energy rating was C.

MARKSWOOD Sold Prices

Land registry data shows four sales for MARKSWOOD 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 MARKSWOOD 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
2020 16 DEC	£915,000	£543,723	68% above HPI
2019 24 JUN	£840,000	£518,830	62% above HPI
2011 28 SEP	£615,000	£341,097	80% above HPI
1995 31 JAN	£130,000	£98,051	33% above HPI

MARKSWOOD 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 MARKSWOOD sales between January 1995 and December 2020 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 2019 sale was for 62% above the HPI. So the extrapolation line tracks at 62% above the HPI over time, until the December 2020 sale, where it rises to 68% above the HPI. The line then continues to track at 68% above the HPI.

What might MARKSWOOD be worth now?

MARKSWOOD might now be worth an estimated £1,021,630.

This is based on house price inflation of 11.7%, between December 2020 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 11.7% inflationary increase is applied to the most recent sale price for MARKSWOOD of £915,000 on 16th December 2020. For the value to have increased from £915,000 to £1,021,630 over the four years to December 2024, the following assumptions must hold true:

• The value of MARKSWOOD has moved in line with the HPI for detached houses in the Worthing local authority area.
• The December 2020 sale price of £915,000 represented a fair market value for the property.
• The size, condition, and specification of MARKSWOOD has not materially changed since December 2020.

How Large is MARKSWOOD?

MARKSWOOD is 191m² according to the EPC inspection conducted in June 2010. This puts it in the largest 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 MARKSWOOD lies on this distribution: 91% of detached houses houses are smaller than MARKSWOOD, and 9% of houses are larger. Note that EPC data is not available for all properties in Worthing.

MARKSWOOD: Plot and Title Map

MARKSWOOD sits on a plot of roughly 0.156 of an acre, or 631m². The below map shows the location of MARKSWOOD, 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 MARKSWOOD). 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 MARKSWOOD?

MARKSWOOD is located on ABBOTTS CLOSE in WORTHING, in the BN11 postcode district. The below map shows the position of MARKSWOOD on ABBOTTS CLOSE.