14, OCEAN DRIVE, FERRING, WORTHING, BN12 5QJ - £755,000

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

14 OCEAN DRIVE is a large extended detached house of 143m², built sometime between 1900 and 1929. It was last sold for £755,000 in November 2021, which was around 44% above the average November 2021 detached price in the Arun local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was C.

14 OCEAN DRIVE Sold Prices

Land registry data shows three sales for 14 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. All of the three 14 OCEAN DRIVE 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
2021 1 NOV	£755,000	£523,042	44% above HPI
2007 8 JUN	£478,000	£329,872	45% above HPI
1995 26 OCT	£125,000	£95,294	31% above HPI

14 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 14 OCEAN DRIVE sales between October 1995 and November 2021 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 June 2007 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the November 2021 sale, where it falls to 44% above the HPI. The line then continues to track at 44% above the HPI.

How Large is 14 OCEAN DRIVE?

14 OCEAN DRIVE is 143m², which includes one extension, according to the EPC inspection conducted in June 2021. This puts it in the largest 30% of detached houses in Ferring, based on EPC data. The below chart shows the distribution of detached houses by size in Ferring, and where 14 OCEAN DRIVE lies on this distribution: 78% of detached houses are smaller than 14 OCEAN DRIVE, and 21% of houses are larger. Note that EPC data is not available for all properties in Ferring.

14 OCEAN DRIVE: Plot and Title Map

14 OCEAN DRIVE sits on a plot of roughly 0.123 of an acre, or 496m². The below map shows the location of 14 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 14 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 14 OCEAN DRIVE?

14 OCEAN DRIVE is located in FERRING, in the BN12 postcode district. The below map shows the position of No. 14 on OCEAN DRIVE.