1, GRANGE CLOSE, FERRING, WORTHING, BN12 5LR - £380,000

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 GRANGE CLOSE is a midsized extended detached house of 99m², built sometime between 1950 and 1966, which could now be worth an estimated £615,976. It was last sold for £380,000 in February 2008, which was around 7% above the average February 2008 detached price in the Arun local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was C.

1 GRANGE CLOSE Sold Prices

Land registry data shows two sales for 1 GRANGE 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 GRANGE 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
2008 25 FEB	£380,000	£354,540	7% above HPI
1999 13 MAY	£129,500	£135,531	4% below HPI

1 GRANGE 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 GRANGE CLOSE sales from May 1999 and February 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 May 1999 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the February 2008 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 1 GRANGE CLOSE be worth now?

1 GRANGE CLOSE might now be worth an estimated £615,976.

This is based on house price inflation of 62.1%, between February 2008 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 62.1% inflationary increase is applied to the most recent sale price for 1 GRANGE CLOSE of £380,000 on 25th February 2008. For the value to have increased from £380,000 to £615,976 over the seventeen years to February 2025, the following assumptions must hold true:

• The value of 1 GRANGE CLOSE has moved in line with the HPI for detached houses in the Arun local authority area.
• The February 2008 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of 1 GRANGE CLOSE has not materially changed since February 2008.

How Large is 1 GRANGE CLOSE?

1 GRANGE CLOSE is 99m², which includes two extensions, according to the EPC inspection conducted in March 2016. 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 GRANGE CLOSE lies on this distribution: 42% of detached houses houses are smaller than 1 GRANGE CLOSE, and 58% of houses are larger. Note that EPC data is not available for all properties in Ferring.

1 GRANGE CLOSE: Plot and Title Map

1 GRANGE CLOSE sits on a plot of roughly 0.173 of an acre, or 700m². The below map shows the location of 1 GRANGE 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 GRANGE 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 GRANGE CLOSE?

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