12, FERRING CLOSE, FERRING, WORTHING, BN12 5QT - £395,000

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

12 FERRING CLOSE is a very small extended detached house of 76m², built sometime between 1900 and 1929. It was last sold for £395,000 in August 2013, which was around 17% above the average August 2013 detached price in the Arun local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was C.

12 FERRING CLOSE Sold Prices

Land registry data shows five sales for 12 FERRING CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Arun local authority area for the corresponding sale date. All of the five 12 FERRING CLOSE sales were for above 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
2013 28 AUG	£395,000	£338,782	17% above HPI
2004 3 DEC	£350,000	£292,222	20% above HPI
2001 2 NOV	£250,000	£201,580	24% above HPI
1999 30 NOV	£183,500	£147,783	24% above HPI
1998 28 AUG	£155,000	£127,949	21% above HPI

12 FERRING 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 five 12 FERRING CLOSE sales between August 1998 and August 2013 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 December 2004 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the August 2013 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 12 FERRING CLOSE?

12 FERRING CLOSE is 76m², which includes one extension, according to the EPC inspection conducted in February 2012. 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 12 FERRING CLOSE lies on this distribution: 14% of detached houses are smaller than 12 FERRING CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Ferring.

12 FERRING CLOSE: Plot and Title Map

12 FERRING CLOSE sits on a plot of roughly 0.168 of an acre, or 682m². The below map shows the location of 12 FERRING 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 12 FERRING 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 12 FERRING CLOSE?

12 FERRING CLOSE is located in FERRING, in the BN12 postcode district. The below map shows the position of No. 12 on FERRING CLOSE.