5, REDWING CLOSE, WICK, LITTLEHAMPTON, BN17 7GT - £164,500

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.

5 REDWING CLOSE is a very small terraced house of 55m², built sometime between 1983 and 1990, which could now be worth an estimated £265,750. It was last sold for £164,500 in September 2008, which was around 4% below the average September 2008 terraced price in the Arun local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was B.

5 REDWING CLOSE Sold Prices

Land registry data shows four sales for 5 REDWING CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Arun local authority area for the corresponding sale date. One of the four 5 REDWING CLOSE sales was for below the average price, whilst two 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
2008 4 SEP	£164,500	£170,600	4% below HPI
2005 3 JUN	£149,000	£148,873	Close to HPI
2002 12 JUL	£104,000	£102,849	1% above HPI
1997 16 JUN	£55,000	£51,019	8% above HPI

5 REDWING CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Arun local authority area over time, sourced from the HPI. The four 5 REDWING CLOSE sales between June 1997 and September 2008 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 June 2005 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the September 2008 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 5 REDWING CLOSE be worth now?

5 REDWING CLOSE might now be worth an estimated £265,750.

This is based on house price inflation of 61.6%, between September 2008 and April 2026, for terraced 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 61.6% inflationary increase is applied to the most recent sale price for 5 REDWING CLOSE of £164,500 on 4th September 2008. For the value to have increased from £164,500 to £265,750 over the eighteen years and five months to April 2026, the following assumptions must hold true:

• The value of 5 REDWING CLOSE has moved in line with the HPI for terraced houses in the Arun local authority area.
• The September 2008 sale price of £164,500 represented a fair market value for the property.
• The size, condition, and specification of 5 REDWING CLOSE has not materially changed since September 2008.

How Large is 5 REDWING CLOSE?

5 REDWING CLOSE is 55m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 10% of terraced houses houses in Wick, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Wick, and where 5 REDWING CLOSE lies on this distribution: 2% of terraced houses houses are smaller than 5 REDWING CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Wick.

5 REDWING CLOSE: Plot and Title Map

5 REDWING CLOSE sits on a plot of roughly 0.045 of an acre, or 181m². The below map shows the location of 5 REDWING 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 5 REDWING 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 5 REDWING CLOSE?

5 REDWING CLOSE is located in WICK, in the BN17 postcode district. The below map shows the position of No. 5 on REDWING CLOSE.