1, LABURNUM CLOSE, FERRING, WORTHING, BN12 5EJ - £470,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 LABURNUM CLOSE is a very small detached house of 73m², built sometime between 1950 and 1966. It was last sold for £470,000 in May 2024, which was around 14% below the average May 2024 detached price in the Arun local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was B.

1 LABURNUM CLOSE Sold Prices

Land registry data shows two sales for 1 LABURNUM 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. Both of the two 1 LABURNUM CLOSE 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
2024 31 MAY	£470,000	£545,263	14% below HPI
2006 8 AUG	£260,000	£300,465	13% below HPI

1 LABURNUM 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 LABURNUM CLOSE sales from August 2006 and May 2024 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 2006 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the May 2024 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 1 LABURNUM CLOSE?

1 LABURNUM CLOSE is 73m² according to the EPC inspection conducted in September 2022. This puts it in the smallest 20% of detached houses in Ferring, based on EPC data. The below chart shows the distribution of detached houses by size in Ferring, and where 1 LABURNUM CLOSE lies on this distribution: 10% of detached houses are smaller than 1 LABURNUM CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Ferring.

1 LABURNUM CLOSE: Plot and Title Map

1 LABURNUM CLOSE sits on a plot of roughly 0.128 of an acre, or 517m². The below map shows the location of 1 LABURNUM 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 LABURNUM 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 LABURNUM CLOSE?

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