2, FERRING MARINE, FERRING, WORTHING, BN12 5PP - £426,000

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

2 FERRING MARINE is a very small detached house of 73m², built sometime between 1967 and 1975. It was last sold for £426,000 in March 2020, which was around 6% below the average March 2020 detached price in the Arun local authority area. The most recent EPC inspection was December 2019, where the current energy rating was D, and the potential energy rating was B.

2 FERRING MARINE Sold Prices

Land registry data shows four sales for 2 FERRING MARINE 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. Most of the four 2 FERRING MARINE 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
2020 25 MAR	£426,000	£454,821	6% below HPI
2019 31 OCT	£435,000	£459,143	5% below HPI
1999 30 SEP	£145,000	£142,987	1% above HPI
1995 11 AUG	£85,000	£97,605	13% below HPI

2 FERRING MARINE 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 2 FERRING MARINE sales between August 1995 and March 2020 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 October 2019 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the March 2020 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 2 FERRING MARINE?

2 FERRING MARINE is 73m² according to the EPC inspection conducted in December 2019. This puts it in the smallest 10% 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 FERRING MARINE lies on this distribution: 10% of detached houses are smaller than 2 FERRING MARINE, and 89% of houses are larger. Note that EPC data is not available for all properties in Ferring.

2 FERRING MARINE: Plot and Title Map

2 FERRING MARINE sits on a plot of roughly 0.107 of an acre, or 432m². The below map shows the location of 2 FERRING MARINE, 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 FERRING MARINE). 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 FERRING MARINE?

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