2, RYE CLOSE, WORTHING, BN11 5EG - £720,000

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 RYE CLOSE is a very large extended detached house of 255m², built sometime between 1930 and 1949, which could now be worth an estimated £834,988. It was last sold for £720,000 in August 2019, which was around 39% above the average August 2019 detached price in the Worthing local authority area. The most recent EPC inspection was February 2014, where the current energy rating was E, and the potential energy rating was C.

2 RYE CLOSE Sold Prices

Land registry data shows five sales for 2 RYE CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Worthing local authority area for the corresponding sale date. All of the five 2 RYE CLOSE 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
2019 30 AUG	£720,000	£517,949	39% above HPI
2016 19 FEB	£595,000	£472,749	26% above HPI
2000 19 SEP	£287,500	£181,824	58% above HPI
1997 5 JUN	£138,000	£108,559	27% above HPI
1996 15 JAN	£116,250	£90,918	28% above HPI

2 RYE CLOSE 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 five 2 RYE CLOSE sales between January 1996 and August 2019 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 February 2016 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the August 2019 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

What might 2 RYE CLOSE be worth now?

2 RYE CLOSE might now be worth an estimated £834,988.

This is based on house price inflation of 16%, between August 2019 and April 2026, 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 16% inflationary increase is applied to the most recent sale price for 2 RYE CLOSE of £720,000 on 30th August 2019. For the value to have increased from £720,000 to £834,988 over the seven years and four months to April 2026, the following assumptions must hold true:

• The value of 2 RYE CLOSE has moved in line with the HPI for detached houses in the Worthing local authority area.
• The August 2019 sale price of £720,000 represented a fair market value for the property.
• The size, condition, and specification of 2 RYE CLOSE has not materially changed since August 2019.

How Large is 2 RYE CLOSE?

2 RYE CLOSE is 255m², which includes one extension, according to the EPC inspection conducted in February 2014. 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 2 RYE CLOSE lies on this distribution: 98% of detached houses houses are smaller than 2 RYE CLOSE, and 2% of houses are larger. Note that EPC data is not available for all properties in Worthing.

2 RYE CLOSE: Plot and Title Map

2 RYE CLOSE sits on a plot of roughly 0.136 of an acre, or 551m². The below map shows the location of 2 RYE CLOSE, 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 RYE CLOSE). 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 RYE CLOSE?

2 RYE CLOSE is located in WORTHING, in the BN11 postcode district. The below map shows the position of No. 2 on RYE CLOSE.