18, GRANGE CLOSE, FERRING, WORTHING, BN12 5LR - £332,500

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.

18 GRANGE CLOSE is a very small detached house of 80m², built sometime between 1950 and 1966, which could now be worth an estimated £541,277. It was last sold for £332,500 in January 2014, which was around 6% below the average January 2014 detached price in the Arun local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was C.

18 GRANGE CLOSE Sold Prices

Land registry data shows three sales for 18 GRANGE 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. Two of the three 18 GRANGE CLOSE sales were for below the average price, whilst one was 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
2014 31 JAN	£332,500	£353,035	6% below HPI
2007 12 JAN	£330,000	£320,597	3% above HPI
2006 14 JUL	£255,000	£306,500	17% below HPI

18 GRANGE 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 18 GRANGE CLOSE sales between July 2006 and January 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 January 2007 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the January 2014 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 18 GRANGE CLOSE be worth now?

18 GRANGE CLOSE might now be worth an estimated £541,277.

This is based on house price inflation of 62.8%, between January 2014 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 62.8% inflationary increase is applied to the most recent sale price for 18 GRANGE CLOSE of £332,500 on 31st January 2014. For the value to have increased from £332,500 to £541,277 over the ten years and eleven months to February 2025, the following assumptions must hold true:

• The value of 18 GRANGE CLOSE has moved in line with the HPI for detached houses in the Arun local authority area.
• The January 2014 sale price of £332,500 represented a fair market value for the property.
• The size, condition, and specification of 18 GRANGE CLOSE has not materially changed since January 2014.

How Large is 18 GRANGE CLOSE?

18 GRANGE CLOSE is 80m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 20% 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 18 GRANGE CLOSE lies on this distribution: 18% of detached houses houses are smaller than 18 GRANGE CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Ferring.

18 GRANGE CLOSE: Plot and Title Map

18 GRANGE CLOSE sits on a plot of roughly 0.114 of an acre, or 462m². The below map shows the location of 18 GRANGE 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 18 GRANGE 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 18 GRANGE CLOSE?

18 GRANGE CLOSE is located in FERRING, in the BN12 postcode district. The below map shows the position of No. 18 on GRANGE CLOSE.