15, FERRING CLOSE, FERRING, WORTHING, BN12 5QT - £600,000

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.

15 FERRING CLOSE is a small extended detached house of 96m², built sometime between 1930 and 1949, which could now be worth an estimated £668,111. It was last sold for £600,000 in June 2021, which was around 16% above the average June 2021 detached price in the Arun local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was C.

15 FERRING CLOSE Sold Prices

Land registry data shows three sales for 15 FERRING CLOSE 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 15 FERRING CLOSE 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
2021 24 JUN	£600,000	£516,117	16% above HPI
1999 12 MAY	£119,500	£135,531	12% below HPI
1995 1 MAR	£60,000	£96,051	38% below HPI

15 FERRING CLOSE 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 15 FERRING CLOSE sales between March 1995 and June 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 May 1999 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the June 2021 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 15 FERRING CLOSE be worth now?

15 FERRING CLOSE might now be worth an estimated £668,111.

This is based on house price inflation of 11.4%, between June 2021 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 11.4% inflationary increase is applied to the most recent sale price for 15 FERRING CLOSE of £600,000 on 24th June 2021. For the value to have increased from £600,000 to £668,111 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 15 FERRING CLOSE has moved in line with the HPI for detached houses in the Arun local authority area.
• The June 2021 sale price of £600,000 represented a fair market value for the property.
• The size, condition, and specification of 15 FERRING CLOSE has not materially changed since June 2021.

How Large is 15 FERRING CLOSE?

15 FERRING CLOSE is 96m², which includes two extensions, according to the EPC inspection conducted in February 2019. 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 15 FERRING CLOSE lies on this distribution: 39% of detached houses houses are smaller than 15 FERRING CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Ferring.

15 FERRING CLOSE: Plot and Title Map

15 FERRING CLOSE sits on a plot of roughly 0.195 of an acre, or 788m². The below map shows the location of 15 FERRING CLOSE, 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 15 FERRING CLOSE). 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 15 FERRING CLOSE?

15 FERRING CLOSE is located in FERRING, in the BN12 postcode district. The below map shows the position of No. 15 on FERRING CLOSE.