12, OCEAN DRIVE, FERRING, WORTHING, BN12 5QJ - £470,000

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 OCEAN DRIVE is a midsized extended detached house of 114m², built sometime between 1930 and 1949. It was last sold for £470,000 in April 2014, which was around 37% above the average April 2014 detached price in the Arun local authority area. The most recent EPC inspection was October 2013, where the current energy rating was C, and the potential energy rating was B.

12 OCEAN DRIVE Sold Prices

Land registry data shows three sales for 12 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. One of the three 12 OCEAN DRIVE sales was for above the average price, whilst two were 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
2014 25 APR	£470,000	£343,135	37% above HPI
2000 25 SEP	£155,000	£174,086	11% below HPI
1995 27 SEP	£72,500	£95,158	24% below HPI

12 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 12 OCEAN DRIVE sales between September 1995 and April 2014 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 September 2000 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the April 2014 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

How Large is 12 OCEAN DRIVE?

12 OCEAN DRIVE is 114m², which includes one extension, according to the EPC inspection conducted in October 2013. This puts it in the largest 50% 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 OCEAN DRIVE lies on this distribution: 57% of detached houses are smaller than 12 OCEAN DRIVE, and 43% of houses are larger. Note that EPC data is not available for all properties in Ferring.

12 OCEAN DRIVE: Plot and Title Map

12 OCEAN DRIVE sits on a plot of roughly 0.132 of an acre, or 536m². The below map shows the location of 12 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 12 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 12 OCEAN DRIVE?

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