1, ELVERLANDS CLOSE, FERRING, WORTHING, BN12 5PL - £620,000

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.

1 ELVERLANDS CLOSE is a midsized detached house of 98m², built sometime between 1950 and 1966, which could now be worth an estimated £607,172. It was last sold for £620,000 in September 2022, which was around 6% above the average September 2022 detached price in the Arun local authority area. The most recent EPC inspection was April 2022, where the current energy rating was E, and the potential energy rating was C.

1 ELVERLANDS CLOSE Sold Prices

Land registry data shows two sales for 1 ELVERLANDS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Arun local authority area for the corresponding sale date. One of the two 1 ELVERLANDS CLOSE sales was for above the average price, whilst the other was 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
2022 29 SEP	£620,000	£586,848	6% above HPI
1995 17 AUG	£87,000	£101,258	14% below HPI

1 ELVERLANDS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The two 1 ELVERLANDS CLOSE sales from August 1995 and September 2022 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 August 1995 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the September 2022 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 1 ELVERLANDS CLOSE be worth now?

1 ELVERLANDS CLOSE might now be worth an estimated £607,172.

This is based on house price deflation of 2.1%, between September 2022 and February 2025, for detached 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 2.1% deflationary decrease is applied to the most recent sale price for 1 ELVERLANDS CLOSE of £620,000 on 29th September 2022. For the value to have decreased from £620,000 to £607,172 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of 1 ELVERLANDS CLOSE has moved in line with the HPI for detached houses in the Arun local authority area.
• The September 2022 sale price of £620,000 represented a fair market value for the property.
• The size, condition, and specification of 1 ELVERLANDS CLOSE has not materially changed since September 2022.

How Large is 1 ELVERLANDS CLOSE?

1 ELVERLANDS CLOSE is 98m² according to the EPC inspection conducted in April 2022. This puts it in the smallest 50% of detached houses houses in Ferring, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ferring, and where 1 ELVERLANDS CLOSE lies on this distribution: 41% of detached houses houses are smaller than 1 ELVERLANDS CLOSE, and 59% of houses are larger. Note that EPC data is not available for all properties in Ferring.

1 ELVERLANDS CLOSE: Plot and Title Map

1 ELVERLANDS CLOSE sits on a plot of roughly 0.133 of an acre, or 539m². The below map shows the location of 1 ELVERLANDS 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 1 ELVERLANDS 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 1 ELVERLANDS CLOSE?

1 ELVERLANDS CLOSE is located in FERRING, in the BN12 postcode district. The below map shows the position of No. 1 on ELVERLANDS CLOSE.