22, THE QUADRANGLE, FINDON, WORTHING, BN14 0RB - £400,000

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.

22 THE QUADRANGLE is a very small detached house of 72m², built sometime between 1950 and 1966, which could now be worth an estimated £459,814. It was last sold for £400,000 in March 2021, which was around 20% below the average March 2021 detached price in the Arun local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was B.

22 THE QUADRANGLE Sold Prices

Land registry data shows two sales for 22 THE QUADRANGLE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Arun local authority area for the corresponding sale date. Both of the two 22 THE QUADRANGLE 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
2021 19 MAR	£400,000	£499,946	20% below HPI
2017 18 JUL	£360,000	£450,295	20% below HPI

22 THE QUADRANGLE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The two 22 THE QUADRANGLE sales from July 2017 and March 2021 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 July 2017 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the March 2021 sale, which was also at 20% below the HPI.

What might 22 THE QUADRANGLE be worth now?

22 THE QUADRANGLE might now be worth an estimated £459,814.

This is based on house price inflation of 15%, between March 2021 and February 2025, for detached houses, in the Arun local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15% inflationary increase is applied to the most recent sale price for 22 THE QUADRANGLE of £400,000 on 19th March 2021. For the value to have increased from £400,000 to £459,814 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 22 THE QUADRANGLE has moved in line with the HPI for detached houses in the Arun local authority area.
• The March 2021 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 22 THE QUADRANGLE has not materially changed since March 2021.

How Large is 22 THE QUADRANGLE?

22 THE QUADRANGLE is 72m² according to the EPC inspection conducted in February 2017. This puts it in the smallest 10% of detached houses houses in Findon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Findon, and where 22 THE QUADRANGLE lies on this distribution: 4% of detached houses houses are smaller than 22 THE QUADRANGLE, and 94% of houses are larger. Note that EPC data is not available for all properties in Findon.

22 THE QUADRANGLE: Plot and Title Map

22 THE QUADRANGLE sits on a plot of roughly 0.125 of an acre, or 505m². The below map shows the location of 22 THE QUADRANGLE, 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 22 THE QUADRANGLE). 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 22 THE QUADRANGLE?

22 THE QUADRANGLE is located in FINDON, in the BN14 postcode district. The below map shows the position of No. 22 on THE QUADRANGLE.