3, MARKET PLACE, TARRING, WORTHING, BN14 7JP - £315,000

3 MARKET PLACE is a very small detached house of 70m², built sometime between 2003 and 2006. It was last sold for £315,000 in January 2020, which was around 37% below the average January 2020 detached price in the Worthing local authority area. The most recent EPC inspection was January 2012, where the current energy rating was C, and the potential energy rating was C.

3 MARKET PLACE Sold Prices

Land registry data shows three sales for 3 MARKET PLACE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Worthing local authority area for the corresponding sale date. All of the three 3 MARKET PLACE 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
2020 24 JAN	£315,000	£500,395	37% below HPI
2018 30 MAY	£295,000	£488,377	40% below HPI
2014 1 MAY	£245,000	£362,072	32% below HPI

3 MARKET PLACE 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 three 3 MARKET PLACE sales between May 2014 and January 2020 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 May 2018 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the January 2020 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 3 MARKET PLACE?

3 MARKET PLACE is 70m² according to the EPC inspection conducted in January 2012. This puts it in the smallest 10% of detached houses in Worthing, based on EPC data. The below chart shows the distribution of detached houses by size in Worthing, and where 3 MARKET PLACE lies on this distribution: 7% of detached houses are smaller than 3 MARKET PLACE, and 93% of houses are larger. Note that EPC data is not available for all properties in Worthing.

3 MARKET PLACE: Plot and Title Map

3 MARKET PLACE sits on a plot of roughly 0.051 of an acre, or 206m². The below map shows the location of 3 MARKET PLACE, 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 3 MARKET PLACE). 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 3 MARKET PLACE?

3 MARKET PLACE is located in TARRING, in the BN14 postcode district. The below map shows the position of No. 3 on MARKET PLACE.