15, SEA LANE GARDENS, FERRING, WORTHING, BN12 5EE - £510,000

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

15 SEA LANE GARDENS is a very small detached house of 80m², built sometime between 1950 and 1966. It was last sold for £510,000 in September 2021, which was around 2% above the average September 2021 detached price in the Arun local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

15 SEA LANE GARDENS Sold Prices

Land registry data shows two sales for 15 SEA LANE GARDENS 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. One of the two 15 SEA LANE GARDENS sales was for above the average price, whilst the other was 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 22 SEP	£510,000	£499,148	2% above HPI
2003 22 JAN	£214,950	£252,416	15% below HPI

15 SEA LANE GARDENS 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 15 SEA LANE GARDENS sales from January 2003 and September 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 January 2003 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the September 2021 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 15 SEA LANE GARDENS?

15 SEA LANE GARDENS is 80m² according to the EPC inspection conducted in September 2020. 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 15 SEA LANE GARDENS lies on this distribution: 19% of detached houses are smaller than 15 SEA LANE GARDENS, and 80% of houses are larger. Note that EPC data is not available for all properties in Ferring.

15 SEA LANE GARDENS: Plot and Title Map

15 SEA LANE GARDENS sits on a plot of roughly 0.090 of an acre, or 365m². The below map shows the location of 15 SEA LANE GARDENS, 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 SEA LANE GARDENS). 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 SEA LANE GARDENS?

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