RYEBANK, MILL LANE, WORTHING, BN13 3DH - £538,500

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

RYEBANK is a large extended detached house of 159m², built sometime between 1930 and 1949. It was last sold for £538,500 in October 2010, which was around 64% above the average October 2010 detached price in the Worthing local authority area. The most recent EPC inspection was April 2010, where the current energy rating was F, and the potential energy rating was D.

RYEBANK Sold Prices

Land registry data shows two sales for RYEBANK 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 RYEBANK 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
2010 20 OCT	£538,500	£328,871	64% above HPI
1997 18 JUN	£188,500	£104,425	81% above HPI

RYEBANK 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 RYEBANK sales from June 1997 and October 2010 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 1997 sale was for 81% above the HPI. So the extrapolation line tracks at 81% above the HPI over time, until the October 2010 sale, where it falls to 64% above the HPI. The line then continues to track at 64% above the HPI.

How Large is RYEBANK?

RYEBANK is 159m², which includes one extension, according to the EPC inspection conducted in April 2010. This puts it in the largest 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 RYEBANK lies on this distribution: 78% of detached houses are smaller than RYEBANK, and 22% of houses are larger. Note that EPC data is not available for all properties in Worthing.

RYEBANK: Plot and Title Map

RYEBANK sits on a plot of roughly 0.358 of an acre, or 1,450m². The below map shows the location of RYEBANK, 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 RYEBANK). 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 RYEBANK?

RYEBANK is located on MILL LANE in WORTHING, in the BN13 postcode district. The below map shows the position of RYEBANK on MILL LANE.