2, FLORIDA CLOSE, FERRING, WORTHING, BN12 5PF - £745,000

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 FLORIDA CLOSE is a midsized extended detached house of 113m², built sometime between 1930 and 1949. It was last sold for £745,000 in February 2023, which was around 32% above the average February 2023 detached price in the Arun local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was B.

2 FLORIDA CLOSE Sold Prices

Land registry data shows three sales for 2 FLORIDA 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. All of the three 2 FLORIDA CLOSE 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
2023 8 FEB	£745,000	£563,994	32% above HPI
2020 6 OCT	£690,000	£474,576	45% above HPI
2006 11 SEP	£420,000	£304,070	38% above HPI

2 FLORIDA 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 2 FLORIDA CLOSE sales between September 2006 and February 2023 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 2020 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the February 2023 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

How Large is 2 FLORIDA CLOSE?

2 FLORIDA CLOSE is 113m², which includes one extension, according to the EPC inspection conducted in June 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 2 FLORIDA CLOSE lies on this distribution: 56% of detached houses are smaller than 2 FLORIDA CLOSE, and 43% of houses are larger. Note that EPC data is not available for all properties in Ferring.

2 FLORIDA CLOSE: Plot and Title Map

2 FLORIDA CLOSE sits on a plot of roughly 0.113 of an acre, or 456m². The below map shows the location of 2 FLORIDA 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 2 FLORIDA 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 2 FLORIDA CLOSE?

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