12, FERRINGHAM LANE, FERRING, WORTHING, BN12 5NQ - £460,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

12 FERRINGHAM LANE is a large extended detached house of 120m², built sometime between 1930 and 1949. It was last sold for £460,000 in May 2023, which was around 17% below the average May 2023 detached price in the Arun local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was C.

12 FERRINGHAM LANE Sold Prices

Land registry data shows two sales for 12 FERRINGHAM LANE 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 12 FERRINGHAM LANE sales was for below the average price, whilst the other was 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
2023 5 MAY	£460,000	£554,991	17% below HPI
2004 15 JUL	£299,950	£280,286	7% above HPI

12 FERRINGHAM LANE 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 12 FERRINGHAM LANE sales from July 2004 and May 2023 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 2004 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the May 2023 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 12 FERRINGHAM LANE?

12 FERRINGHAM LANE is 120m², which includes three extensions, according to the EPC inspection conducted in April 2016. This puts it in the largest 40% 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 FERRINGHAM LANE lies on this distribution: 61% of detached houses are smaller than 12 FERRINGHAM LANE, and 38% of houses are larger. Note that EPC data is not available for all properties in Ferring.

12 FERRINGHAM LANE: Plot and Title Map

12 FERRINGHAM LANE sits on a plot of roughly 0.105 of an acre, or 426m². The below map shows the location of 12 FERRINGHAM LANE, 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 FERRINGHAM LANE). 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 FERRINGHAM LANE?

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