18, SEA LANE, FERRING, WORTHING, BN12 5DS - £550,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

18 SEA LANE is a midsized detached house of 113m², built sometime between 1950 and 1966. It was last sold for £550,000 in September 2021, which was around 10% above the average September 2021 detached price in the Arun local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was C.

18 SEA LANE Sold Prices

Land registry data shows four sales for 18 SEA LANE 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. All of the four 18 SEA LANE 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 15 SEP	£550,000	£499,148	10% above HPI
2019 23 JUL	£475,000	£450,198	6% above HPI
2003 2 JUN	£272,500	£260,627	5% above HPI
1999 4 OCT	£185,000	£145,925	27% above HPI

18 SEA LANE 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 18 SEA LANE sales between October 1999 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 July 2019 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the September 2021 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 18 SEA LANE?

18 SEA LANE is 113m² according to the EPC inspection conducted in March 2019. This puts it in the largest 50% of detached houses in Ferring, based on EPC data. The below chart shows the distribution of detached houses by size in Ferring, and where 18 SEA LANE lies on this distribution: 56% of detached houses are smaller than 18 SEA LANE, and 43% of houses are larger. Note that EPC data is not available for all properties in Ferring.

18 SEA LANE: Plot and Title Map

18 SEA LANE sits on a plot of roughly 0.106 of an acre, or 429m². The below map shows the location of 18 SEA LANE, 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 SEA LANE). 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 SEA LANE?

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