THE COTTAGE, HEENE PLACE, WORTHING, BN11 3NL - £350,000

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

THE COTTAGE is a very small detached house of 81m², built sometime before 1900. It was last sold for £350,000 in November 2016, which was around 24% below the average November 2016 detached price in the Worthing local authority area. The most recent EPC inspection was June 2016, where the current energy rating was E, and the potential energy rating was B.

THE COTTAGE Sold Prices

Land registry data shows three sales for THE COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Worthing local authority area for the corresponding sale date. All of the three THE COTTAGE 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
2016 22 NOV	£350,000	£463,394	24% below HPI
2009 28 AUG	£200,000	£294,657	32% below HPI
2000 19 JAN	£107,000	£153,399	30% below HPI

THE COTTAGE 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 three THE COTTAGE sales between January 2000 and November 2016 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 August 2009 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the November 2016 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is THE COTTAGE?

THE COTTAGE is 81m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 20% of detached houses in Worthing, based on EPC data. The below chart shows the distribution of detached houses by size in Worthing, and where THE COTTAGE lies on this distribution: 16% of detached houses are smaller than THE COTTAGE, and 83% of houses are larger. Note that EPC data is not available for all properties in Worthing.

THE COTTAGE: Plot and Title Map

THE COTTAGE sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of THE COTTAGE, 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 THE COTTAGE). 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 THE COTTAGE?

THE COTTAGE is located on HEENE PLACE in WORTHING, in the BN11 postcode district. The below map shows the position of THE COTTAGE on HEENE PLACE.