15, PARK WAY, SOUTHWICK, BRIGHTON, BN42 4LD - £415,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

15 PARK WAY is a very small extended terraced house of 76m², built sometime between 1930 and 1949, which could now be worth an estimated £411,123. It was last sold for £415,000 in March 2025, which was around 15% above the average March 2025 terraced price in the Adur local authority area. The most recent EPC inspection was August 2024, where the current energy rating was D, and the potential energy rating was B.

15 PARK WAY Sold Prices

Land registry data shows two sales for 15 PARK WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Adur local authority area for the corresponding sale date. Both of the two 15 PARK WAY 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
2025 28 MAR	£415,000	£359,841	15% above HPI
2006 20 JUN	£220,000	£170,598	29% above HPI

15 PARK WAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Adur local authority area over time, sourced from the HPI. The two 15 PARK WAY sales from June 2006 and March 2025 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 2006 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the March 2025 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 15 PARK WAY be worth now?

15 PARK WAY might now be worth an estimated £411,123.

This is based on house price deflation of 0.9%, between March 2025 and June 2025, for terraced houses, in the Adur local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.9% deflationary decrease is applied to the most recent sale price for 15 PARK WAY of £415,000 on 28th March 2025. For the value to have decreased from £415,000 to £411,123 over the nine months to June 2025, the following assumptions must hold true:

• The value of 15 PARK WAY has moved in line with the HPI for terraced houses in the Adur local authority area.
• The March 2025 sale price of £415,000 represented a fair market value for the property.
• The size, condition, and specification of 15 PARK WAY has not materially changed since March 2025.

How Large is 15 PARK WAY?

15 PARK WAY is 76m², which includes one extension, according to the EPC inspection conducted in August 2024. This puts it in the smallest 20% of terraced houses houses in Southwick, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Southwick, and where 15 PARK WAY lies on this distribution: 15% of terraced houses houses are smaller than 15 PARK WAY, and 84% of houses are larger. Note that EPC data is not available for all properties in Southwick.

15 PARK WAY: Plot and Title Map

15 PARK WAY sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of 15 PARK WAY, 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 15 PARK WAY). 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 15 PARK WAY?

15 PARK WAY is located in SOUTHWICK, in the BN42 postcode district. The below map shows the position of No. 15 on PARK WAY.