2, CHALET ROAD, FERRING, WORTHING, BN12 5NY - £210,000

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

2 CHALET ROAD is a very small extended detached house of 74m², built sometime between 1930 and 1949. It was last sold for £210,000 in May 2003, which was around 17% below the average May 2003 detached price in the Arun local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was D.

2 CHALET ROAD Sold Prices

Land registry data shows two sales for 2 CHALET ROAD 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. Both of the two 2 CHALET ROAD sales 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
2003 8 MAY	£210,000	£253,612	17% below HPI
2003 3 APR	£190,000	£252,713	25% below HPI

2 CHALET ROAD 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 2 CHALET ROAD sales from April 2003 and May 2003 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 April 2003 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the May 2003 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 2 CHALET ROAD?

2 CHALET ROAD is 74m², which includes one extension, according to the EPC inspection conducted in August 2011. 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 2 CHALET ROAD lies on this distribution: 12% of detached houses are smaller than 2 CHALET ROAD, and 88% of houses are larger. Note that EPC data is not available for all properties in Ferring.

2 CHALET ROAD: Plot and Title Map

2 CHALET ROAD sits on a plot of roughly 0.142 of an acre, or 576m². The below map shows the location of 2 CHALET ROAD, 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 2 CHALET ROAD). 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 2 CHALET ROAD?

2 CHALET ROAD is located in FERRING, in the BN12 postcode district. The below map shows the position of No. 2 on CHALET ROAD.