2, GREENWAYS CRESCENT, FERRING, WORTHING, BN12 5EF - £405,000

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 GREENWAYS CRESCENT is a large extended detached house of 129m², built sometime between 1950 and 1966. It was last sold for £405,000 in October 2019, which was around 12% below the average October 2019 detached price in the Arun local authority area. The most recent EPC inspection was April 2022, where the current energy rating was B, and the potential energy rating was A.

2 GREENWAYS CRESCENT Sold Prices

Land registry data shows three sales for 2 GREENWAYS CRESCENT 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. One of the three 2 GREENWAYS CRESCENT sales was for below the average price, whilst two 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
2019 21 OCT	£405,000	£459,143	12% below HPI
1996 25 JUL	£99,950	£98,594	1% above HPI
1995 20 DEC	£95,000	£93,805	1% above HPI

2 GREENWAYS CRESCENT 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 GREENWAYS CRESCENT sales between December 1995 and October 2019 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 1996 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the October 2019 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 2 GREENWAYS CRESCENT?

2 GREENWAYS CRESCENT is 129m², which includes one extension, according to the EPC inspection conducted in April 2022. This puts it in the largest 40% 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 GREENWAYS CRESCENT lies on this distribution: 68% of detached houses are smaller than 2 GREENWAYS CRESCENT, and 31% of houses are larger. Note that EPC data is not available for all properties in Ferring.

2 GREENWAYS CRESCENT: Plot and Title Map

2 GREENWAYS CRESCENT sits on a plot of roughly 0.127 of an acre, or 512m². The below map shows the location of 2 GREENWAYS CRESCENT, 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 GREENWAYS CRESCENT). 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 GREENWAYS CRESCENT?

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