LORETO, COTSWOLD ROAD, WORTHING, BN13 2LG - £342,000

LORETO is a large extended detached house of 130m², built sometime between 1930 and 1949. It was last sold for £342,000 in November 2015, which was around 21% below the average November 2015 detached price in the Worthing local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was C.

LORETO Sold Prices

Land registry data shows three sales for LORETO 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 LORETO 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
2015 30 NOV	£342,000	£433,726	21% below HPI
2005 26 SEP	£230,000	£284,863	19% below HPI
1996 29 JUL	£75,000	£93,231	20% below HPI

LORETO 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 LORETO sales between July 1996 and November 2015 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 September 2005 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the November 2015 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is LORETO?

LORETO is 130m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the largest 40% of detached houses in Worthing, based on EPC data. The below chart shows the distribution of detached houses by size in Worthing, and where LORETO lies on this distribution: 62% of detached houses are smaller than LORETO, and 37% of houses are larger. Note that EPC data is not available for all properties in Worthing.

LORETO: Plot and Title Map

LORETO sits on a plot of roughly 0.127 of an acre, or 512m². The below map shows the location of LORETO, 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 LORETO). 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 LORETO?

LORETO is located on COTSWOLD ROAD in WORTHING, in the BN13 postcode district. The below map shows the position of LORETO on COTSWOLD ROAD.