38, PENFOLD ROAD, WORTHING, BN14 8PH - £120,000

38 PENFOLD ROAD is a very small detached house of 78m², built sometime before 1900. It was last sold for £120,000 in April 2002, which was around 43% below the average April 2002 detached price in the Worthing local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was B.

38 PENFOLD ROAD Sold Prices

Land registry data shows three sales for 38 PENFOLD ROAD 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 38 PENFOLD ROAD 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
2002 9 APR	£120,000	£211,858	43% below HPI
2001 5 JAN	£110,000	£179,273	39% below HPI
1997 7 NOV	£58,500	£114,820	49% below HPI

38 PENFOLD ROAD 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 38 PENFOLD ROAD sales between November 1997 and April 2002 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 2001 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the April 2002 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 38 PENFOLD ROAD?

38 PENFOLD ROAD is 78m² according to the EPC inspection conducted in September 2019. This puts it in the smallest 20% of detached houses in Worthing, based on EPC data. The below chart shows the distribution of detached houses by size in Worthing, and where 38 PENFOLD ROAD lies on this distribution: 13% of detached houses are smaller than 38 PENFOLD ROAD, and 86% of houses are larger. Note that EPC data is not available for all properties in Worthing.

38 PENFOLD ROAD: Plot and Title Map

38 PENFOLD ROAD sits on a plot of roughly 0.047 of an acre, or 192m². The below map shows the location of 38 PENFOLD ROAD, 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 38 PENFOLD ROAD). 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 38 PENFOLD ROAD?

38 PENFOLD ROAD is located in WORTHING, in the BN14 postcode district. The below map shows the position of No. 38 on PENFOLD ROAD.