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

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 HERM ROAD is a midsized extended detached house of 115m², built sometime between 1950 and 1966. It was last sold for £536,000 in July 2017, which was around 23% 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	£434,050	23% above HPI
2006 8 JUN	£320,000	£292,463	9% 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 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the July 2017 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

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 in Ferring, based on EPC data. The below chart shows the distribution of detached houses by size in Ferring, and where 2 HERM ROAD lies on this distribution: 58% of detached 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.