2, HIGHDOWN WAY, FERRING, WORTHING, BN12 6QG - £330,000

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 HIGHDOWN WAY is a very small detached house of 75m², built sometime between 1930 and 1949. It was last sold for £330,000 in March 2015, which was around 12% below the average March 2015 detached price in the Arun local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

2 HIGHDOWN WAY Sold Prices

Land registry data shows three sales for 2 HIGHDOWN WAY 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 HIGHDOWN WAY sales were for below 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
2015 27 MAR	£330,000	£375,126	12% below HPI
2003 31 OCT	£247,500	£265,133	7% below HPI
2003 31 JAN	£187,000	£252,416	26% below HPI

2 HIGHDOWN WAY 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 HIGHDOWN WAY sales between January 2003 and March 2015 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 2003 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the March 2015 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 2 HIGHDOWN WAY?

2 HIGHDOWN WAY is 75m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 20% 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 HIGHDOWN WAY lies on this distribution: 13% of detached houses are smaller than 2 HIGHDOWN WAY, and 87% of houses are larger. Note that EPC data is not available for all properties in Ferring.

2 HIGHDOWN WAY: Plot and Title Map

2 HIGHDOWN WAY sits on a plot of roughly 0.099 of an acre, or 400m². The below map shows the location of 2 HIGHDOWN WAY, 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 HIGHDOWN WAY). 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 HIGHDOWN WAY?

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