2, FERRINGHAM LANE, FERRING, WORTHING, BN12 5NQ - £1,051,000

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.

2 FERRINGHAM LANE is a very large extended detached house of 201m², built sometime between 1930 and 1949, which could now be worth an estimated £1,166,437. It was last sold for £1,051,000 in September 2021, which was around 103% above the average September 2021 detached price in the Arun local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was C.

2 FERRINGHAM LANE Sold Prices

Land registry data shows three sales for 2 FERRINGHAM LANE 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. All of the three 2 FERRINGHAM 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 23 SEP	£1,051,000	£517,830	103% above HPI
2012 22 AUG	£485,000	£338,701	43% above HPI
2006 15 AUG	£425,000	£311,711	36% above HPI

2 FERRINGHAM 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 three 2 FERRINGHAM LANE sales between August 2006 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 August 2012 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the September 2021 sale, where it rises to 103% above the HPI. The line then continues to track at 103% above the HPI.

What might 2 FERRINGHAM LANE be worth now?

2 FERRINGHAM LANE might now be worth an estimated £1,166,437.

This is based on house price inflation of 11%, between September 2021 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 11% inflationary increase is applied to the most recent sale price for 2 FERRINGHAM LANE of £1,051,000 on 23rd September 2021. For the value to have increased from £1,051,000 to £1,166,437 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 2 FERRINGHAM LANE has moved in line with the HPI for detached houses in the Arun local authority area.
• The September 2021 sale price of £1,051,000 represented a fair market value for the property.
• The size, condition, and specification of 2 FERRINGHAM LANE has not materially changed since September 2021.

How Large is 2 FERRINGHAM LANE?

2 FERRINGHAM LANE is 201m², which includes four extensions, according to the EPC inspection conducted in May 2021. This puts it in the largest 10% 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 2 FERRINGHAM LANE lies on this distribution: 93% of detached houses houses are smaller than 2 FERRINGHAM LANE, and 7% of houses are larger. Note that EPC data is not available for all properties in Ferring.

2 FERRINGHAM LANE: Plot and Title Map

2 FERRINGHAM LANE sits on a plot of roughly 0.164 of an acre, or 662m². The below map shows the location of 2 FERRINGHAM 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 2 FERRINGHAM 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 2 FERRINGHAM LANE?

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