12, HERM ROAD, FERRING, WORTHING, BN12 5PS - £450,000

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 HERM ROAD is a small detached house of 91m², built sometime between 1950 and 1966, which could now be worth an estimated £643,808. It was last sold for £450,000 in August 2015, which was around 12% above the average August 2015 detached price in the Arun local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

12 HERM ROAD Sold Prices

Land registry data shows two sales for 12 HERM ROAD 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 12 HERM ROAD 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
2015 11 AUG	£450,000	£401,700	12% above HPI
1998 16 OCT	£149,950	£136,002	10% above HPI

12 HERM ROAD 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 HERM ROAD sales from October 1998 and August 2015 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 October 1998 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the August 2015 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 12 HERM ROAD be worth now?

12 HERM ROAD might now be worth an estimated £643,808.

This is based on house price inflation of 43.1%, between August 2015 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 43.1% inflationary increase is applied to the most recent sale price for 12 HERM ROAD of £450,000 on 11th August 2015. For the value to have increased from £450,000 to £643,808 over the ten years and six months to February 2025, the following assumptions must hold true:

• The value of 12 HERM ROAD has moved in line with the HPI for detached houses in the Arun local authority area.
• The August 2015 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 12 HERM ROAD has not materially changed since August 2015.

How Large is 12 HERM ROAD?

12 HERM ROAD is 91m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 40% 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 HERM ROAD lies on this distribution: 33% of detached houses houses are smaller than 12 HERM ROAD, and 66% of houses are larger. Note that EPC data is not available for all properties in Ferring.

12 HERM ROAD: Plot and Title Map

12 HERM ROAD sits on a plot of roughly 0.109 of an acre, or 443m². The below map shows the location of 12 HERM ROAD, 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 HERM ROAD). 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 HERM ROAD?

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