THATCH COTTAGE, POND LANE, WORTHING, BN13 2RH - £375,000

THATCH COTTAGE is a very small extended detached house of 57m², built sometime before 1900. It was last sold for £375,000 in January 2019, which was around 24% below the average January 2019 detached price in the Worthing local authority area. The most recent EPC inspection was April 2009, where the current energy rating was G, and the potential energy rating was G.

THATCH COTTAGE Sold Prices

Land registry data shows two sales for THATCH COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Worthing local authority area for the corresponding sale date. Both of the two THATCH COTTAGE 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
2019 25 JAN	£375,000	£494,898	24% below HPI
2007 11 SEP	£250,000	£341,816	27% below HPI

THATCH COTTAGE 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 two THATCH COTTAGE sales from September 2007 and January 2019 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 2007 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the January 2019 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is THATCH COTTAGE?

THATCH COTTAGE is 57m², which includes two extensions, according to the EPC inspection conducted in April 2009. 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 THATCH COTTAGE lies on this distribution: 1% of detached houses are smaller than THATCH COTTAGE, and 99% of houses are larger. Note that EPC data is not available for all properties in Worthing.

THATCH COTTAGE: Plot and Title Map

THATCH COTTAGE sits on a plot of roughly 0.144 of an acre, or 581m². The below map shows the location of THATCH COTTAGE, 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 THATCH COTTAGE). 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 THATCH COTTAGE?

THATCH COTTAGE is located on POND LANE in WORTHING, in the BN13 postcode district. The below map shows the position of THATCH COTTAGE on POND LANE.