2, HOME FARM COTTAGES, 59, FERRINGHAM LANE, FERRING, WORTHING, BN12 5LW - £420,000

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 HOME FARM COTTAGES is a large extended detached house of 137m², built sometime before 1900. It was last sold for £420,000 in January 2016, which was around 4% above the average January 2016 detached price in the Arun local authority area. The most recent EPC inspection was August 2010, where the current energy rating was E, and the potential energy rating was D.

2 HOME FARM COTTAGES Sold Prices

Land registry data shows three sales for 2 HOME FARM COTTAGES 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 HOME FARM COTTAGES 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
2016 21 JAN	£420,000	£403,265	4% above HPI
2012 1 JUN	£362,000	£315,268	15% above HPI
2002 12 SEP	£250,000	£234,032	7% above HPI

2 HOME FARM COTTAGES 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 HOME FARM COTTAGES sales between September 2002 and January 2016 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 2012 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the January 2016 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 2 HOME FARM COTTAGES?

2 HOME FARM COTTAGES is 137m², which includes two extensions, according to the EPC inspection conducted in August 2010. This puts it in the largest 30% 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 HOME FARM COTTAGES lies on this distribution: 73% of detached houses are smaller than 2 HOME FARM COTTAGES, and 27% of houses are larger. Note that EPC data is not available for all properties in Ferring.

2 HOME FARM COTTAGES: Plot and Title Map

2 HOME FARM COTTAGES sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 2 HOME FARM COTTAGES, 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 HOME FARM COTTAGES). 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 HOME FARM COTTAGES?

2, HOME FARM COTTAGES is located on FERRINGHAM LANE in FERRING, in the BN12 postcode district. The below map shows the position of 2, HOME FARM COTTAGES on FERRINGHAM LANE.