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

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.

12 FERRING CLOSE is a very small extended detached house of 76m², built sometime between 1900 and 1929, which could now be worth an estimated £645,899. It was last sold for £395,000 in August 2013, which was around 12% 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	£351,462	12% above HPI
2004 3 DEC	£350,000	£303,159	15% above HPI
2001 2 NOV	£250,000	£209,125	20% above HPI
1999 30 NOV	£183,500	£153,314	20% above HPI
1998 28 AUG	£155,000	£132,738	17% 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 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the August 2013 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 12 FERRING CLOSE be worth now?

12 FERRING CLOSE might now be worth an estimated £645,899.

This is based on house price inflation of 63.5%, between August 2013 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 63.5% inflationary increase is applied to the most recent sale price for 12 FERRING CLOSE of £395,000 on 28th August 2013. For the value to have increased from £395,000 to £645,899 over the twelve years and six months to February 2025, the following assumptions must hold true:

• The value of 12 FERRING CLOSE has moved in line with the HPI for detached houses in the Arun local authority area.
• The August 2013 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 12 FERRING CLOSE has not materially changed since August 2013.

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 houses in Ferring, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ferring, and where 12 FERRING CLOSE lies on this distribution: 14% of detached houses 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 0.169 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.