23, SPRINGFIELD GARDENS, WORTHING, BN13 2DF - £325,000

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.

23 SPRINGFIELD GARDENS is a very small terraced house of 86m², built sometime between 1983 and 1990, which could now be worth an estimated £342,555. It was last sold for £325,000 in April 2021, which was around 5% above the average April 2021 terraced price in the Worthing local authority area. The most recent EPC inspection was November 2020, where the current energy rating was C, and the potential energy rating was B.

23 SPRINGFIELD GARDENS Sold Prices

Land registry data shows six sales for 23 SPRINGFIELD GARDENS since 1^st January 1995. The below table shows the price paid for the six sales, along with the average terraced price in the Worthing local authority area for the corresponding sale date. All of the six 23 SPRINGFIELD GARDENS 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
2021 27 APR	£325,000	£310,401	5% above HPI
2019 28 JAN	£289,166	£269,716	7% above HPI
2008 24 JUN	£212,000	£193,550	10% above HPI
2001 6 JUL	£135,000	£97,216	39% above HPI
2000 3 NOV	£126,000	£87,503	44% above HPI
1995 15 DEC	£67,000	£45,568	47% above HPI

23 SPRINGFIELD GARDENS Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Worthing local authority area over time, sourced from the HPI. The six 23 SPRINGFIELD GARDENS sales between December 1995 and April 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 January 2019 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the April 2021 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 23 SPRINGFIELD GARDENS be worth now?

23 SPRINGFIELD GARDENS might now be worth an estimated £342,555.

This is based on house price inflation of 5.4%, between April 2021 and May 2026, for terraced 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 5.4% inflationary increase is applied to the most recent sale price for 23 SPRINGFIELD GARDENS of £325,000 on 27th April 2021. For the value to have increased from £325,000 to £342,555 over the four years and eleven months to May 2026, the following assumptions must hold true:

• The value of 23 SPRINGFIELD GARDENS has moved in line with the HPI for terraced houses in the Worthing local authority area.
• The April 2021 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 23 SPRINGFIELD GARDENS has not materially changed since April 2021.

How Large is 23 SPRINGFIELD GARDENS?

23 SPRINGFIELD GARDENS is 86m² according to the EPC inspection conducted in November 2020. This puts it in the smallest 20% of terraced houses houses in Worthing, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Worthing, and where 23 SPRINGFIELD GARDENS lies on this distribution: 20% of terraced houses houses are smaller than 23 SPRINGFIELD GARDENS, and 79% of houses are larger. Note that EPC data is not available for all properties in Worthing.

23 SPRINGFIELD GARDENS: Plot and Title Map

23 SPRINGFIELD GARDENS sits on a plot of roughly 0.026 of an acre, or 105m². The below map shows the location of 23 SPRINGFIELD GARDENS, 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 23 SPRINGFIELD GARDENS). 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 23 SPRINGFIELD GARDENS?

23 SPRINGFIELD GARDENS is located in WORTHING, in the BN13 postcode district. The below map shows the position of No. 23 on SPRINGFIELD GARDENS.