13, SOMERSET ROAD, FERRING, WORTHING, BN12 5QA - £625,000

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

13 SOMERSET ROAD is a very small detached house of 77m², built sometime between 1950 and 1966. It was last sold for £625,000 in May 2022, which was around 15% above the average May 2022 detached price in the Arun local authority area. The most recent EPC inspection was April 2015, where the current energy rating was E, and the potential energy rating was B.

13 SOMERSET ROAD Sold Prices

Land registry data shows four sales for 13 SOMERSET ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Arun local authority area for the corresponding sale date. two of the four 13 SOMERSET ROAD sales were for above the average price, and four 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
2022 16 MAY	£625,000	£543,538	15% above HPI
2017 24 MAR	£395,000	£431,391	8% below HPI
1998 13 AUG	£129,500	£127,949	1% above HPI
1996 2 OCT	£100,000	£100,623	1% below HPI

13 SOMERSET 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 four 13 SOMERSET ROAD sales between October 1996 and May 2022 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 March 2017 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the May 2022 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 13 SOMERSET ROAD?

13 SOMERSET ROAD is 77m² according to the EPC inspection conducted in April 2015. 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 13 SOMERSET ROAD lies on this distribution: 15% of detached houses are smaller than 13 SOMERSET ROAD, and 84% of houses are larger. Note that EPC data is not available for all properties in Ferring.

13 SOMERSET ROAD: Plot and Title Map

13 SOMERSET ROAD sits on a plot of roughly 0.141 of an acre, or 569m². The below map shows the location of 13 SOMERSET 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 13 SOMERSET 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 13 SOMERSET ROAD?

13 SOMERSET ROAD is located in FERRING, in the BN12 postcode district. The below map shows the position of No. 13 on SOMERSET ROAD.