10, OCEAN DRIVE, FERRING, WORTHING, BN12 5QJ - £325,000

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

10 OCEAN DRIVE is a large extended detached house of 146m², built sometime between 1930 and 1949. It was last sold for £325,000 in February 2010, which was around 2% above the average February 2010 detached price in the Arun local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was C.

10 OCEAN DRIVE Sold Prices

Land registry data shows three sales for 10 OCEAN DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Arun local authority area for the corresponding sale date. Two of the three 10 OCEAN DRIVE sales were for above the average price, whilst one 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
2010 4 FEB	£325,000	£318,794	2% above HPI
1999 16 JUL	£177,000	£136,280	30% above HPI
1998 12 JAN	£45,000	£117,666	62% below HPI

10 OCEAN DRIVE 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 three 10 OCEAN DRIVE sales between January 1998 and February 2010 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 July 1999 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the February 2010 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 10 OCEAN DRIVE?

10 OCEAN DRIVE is 146m², which includes three extensions, according to the EPC inspection conducted in March 2023. This puts it in the largest 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 10 OCEAN DRIVE lies on this distribution: 80% of detached houses are smaller than 10 OCEAN DRIVE, and 20% of houses are larger. Note that EPC data is not available for all properties in Ferring.

10 OCEAN DRIVE: Plot and Title Map

10 OCEAN DRIVE sits on a plot of roughly 0.098 of an acre, or 397m². The below map shows the location of 10 OCEAN DRIVE, 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 10 OCEAN DRIVE). 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 10 OCEAN DRIVE?

10 OCEAN DRIVE is located in FERRING, in the BN12 postcode district. The below map shows the position of No. 10 on OCEAN DRIVE.