2, PARK WAY, SOUTHWICK, BRIGHTON, BN42 4LD - £306,000

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.

2 PARK WAY is a large semi-detached house of 114m², built sometime between 1930 and 1949, which could now be worth an estimated £568,818. It was last sold for £306,000 in June 2013, which was around 32% above the average June 2013 semi-detached price in the Adur local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was C.

2 PARK WAY Sold Prices

Land registry data shows two sales for 2 PARK WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Adur local authority area for the corresponding sale date. One of the two 2 PARK WAY sales was for above the average price, whilst the other was roughly equal to 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
2013 6 JUN	£306,000	£232,570	32% above HPI
2009 22 SEP	£200,001	£200,159	Close to HPI

2 PARK WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Adur local authority area over time, sourced from the HPI. The two 2 PARK WAY sales from September 2009 and June 2013 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 September 2009 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the June 2013 sale, where it rises to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might 2 PARK WAY be worth now?

2 PARK WAY might now be worth an estimated £568,818.

This is based on house price inflation of 85.9%, between June 2013 and June 2025, for semi-detached 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 85.9% inflationary increase is applied to the most recent sale price for 2 PARK WAY of £306,000 on 6th June 2013. For the value to have increased from £306,000 to £568,818 over the twelve years to June 2025, the following assumptions must hold true:

• The value of 2 PARK WAY has moved in line with the HPI for semi-detached houses in the Adur local authority area.
• The June 2013 sale price of £306,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PARK WAY has not materially changed since June 2013.

How Large is 2 PARK WAY?

2 PARK WAY is 114m² according to the EPC inspection conducted in March 2013. This puts it in the largest 40% of semi-detached houses houses in Southwick, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Southwick, and where 2 PARK WAY lies on this distribution: 62% of semi-detached houses houses are smaller than 2 PARK WAY, and 36% of houses are larger. Note that EPC data is not available for all properties in Southwick.

2 PARK WAY: Plot and Title Map

2 PARK WAY sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 2 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 2 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 2 PARK WAY?

2 PARK WAY is located in SOUTHWICK, in the BN42 postcode district. The below map shows the position of No. 2 on PARK WAY.