4, SPRINGFIELD GARDENS, WORTHING, BN13 2DF - £282,500

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.

4 SPRINGFIELD GARDENS is a midsized flat of 65m², built sometime between 1967 and 1975, which could now be worth an estimated £250,449. It was last sold for £282,500 in February 2023, which was around 38% above the average February 2023 flat price in the Worthing local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was C.

4 SPRINGFIELD GARDENS Sold Prices

Land registry data shows two sales for 4 SPRINGFIELD GARDENS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Worthing local authority area for the corresponding sale date. Both of the two 4 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
2023 1 FEB	£282,500	£205,245	38% above HPI
1995 8 DEC	£46,000	£33,790	36% above HPI

What might 4 SPRINGFIELD GARDENS be worth now?

4 SPRINGFIELD GARDENS might now be worth an estimated £250,449.

This is based on house price deflation of 11.3%, between February 2023 and May 2026, for flats, in the Worthing local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 11.3% deflationary decrease is applied to the most recent sale price for 4 SPRINGFIELD GARDENS of £282,500 on 1st February 2023. For the value to have decreased from £282,500 to £250,449 over the two years and nine months to May 2026, the following assumptions must hold true:

• The value of 4 SPRINGFIELD GARDENS has moved in line with the HPI for flats in the Worthing local authority area.
• The February 2023 sale price of £282,500 represented a fair market value for the property.
• The size, condition, and specification of 4 SPRINGFIELD GARDENS has not materially changed since February 2023.

How Large is 4 SPRINGFIELD GARDENS?

4 SPRINGFIELD GARDENS is 65m² according to the EPC inspection conducted in May 2022. This puts it in the largest 40% of flats in Worthing, based on EPC data. 59% of flats are smaller than 4 SPRINGFIELD GARDENS, and 39% of flats are larger. Note that EPC data is not available for all properties in Worthing.

4 SPRINGFIELD GARDENS: Plot

4 SPRINGFIELD GARDENS sits on a plot of roughly 0.054 of an acre, or 217m².

Where is 4 SPRINGFIELD GARDENS?

4 SPRINGFIELD GARDENS is located in WORTHING, in the BN13 postcode district.