2, HERM ROAD, FERRING, WORTHING, BN12 5PS - £536,000

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 HERM ROAD is a midsized extended detached house of 115m², built sometime between 1950 and 1966, which could now be worth an estimated £684,090. It was last sold for £536,000 in July 2017, which was around 19% above the average July 2017 detached price in the Arun local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was C.

2 HERM ROAD Sold Prices

Land registry data shows two sales for 2 HERM 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 HERM ROAD 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
2017 5 JUL	£536,000	£450,295	19% above HPI
2006 8 JUN	£320,000	£303,409	5% above HPI

2 HERM 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 HERM ROAD sales from June 2006 and July 2017 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 June 2006 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the July 2017 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 2 HERM ROAD be worth now?

2 HERM ROAD might now be worth an estimated £684,090.

This is based on house price inflation of 27.6%, between July 2017 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 27.6% inflationary increase is applied to the most recent sale price for 2 HERM ROAD of £536,000 on 5th July 2017. For the value to have increased from £536,000 to £684,090 over the eight years and five months to February 2025, the following assumptions must hold true:

• The value of 2 HERM ROAD has moved in line with the HPI for detached houses in the Arun local authority area.
• The July 2017 sale price of £536,000 represented a fair market value for the property.
• The size, condition, and specification of 2 HERM ROAD has not materially changed since July 2017.

How Large is 2 HERM ROAD?

2 HERM ROAD is 115m², which includes one extension, according to the EPC inspection conducted in February 2013. This puts it in the largest 50% 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 HERM ROAD lies on this distribution: 58% of detached houses houses are smaller than 2 HERM ROAD, and 42% of houses are larger. Note that EPC data is not available for all properties in Ferring.

2 HERM ROAD: Plot and Title Map

2 HERM ROAD sits on a plot of roughly 0.123 of an acre, or 498m². The below map shows the location of 2 HERM 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 HERM 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 HERM ROAD?

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