2, SEA LANE GARDENS, FERRING, WORTHING, BN12 5EE - £643,000

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 SEA LANE GARDENS is a very large extended detached house of 160m², built sometime between 1950 and 1966. It was last sold for £643,000 in February 2021, which was around 34% above the average February 2021 detached price in the Arun local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was C.

2 SEA LANE GARDENS Sold Prices

Land registry data shows three sales for 2 SEA LANE GARDENS 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. Two of the three 2 SEA LANE GARDENS sales were for above the average price, whilst one was 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
2021 17 FEB	£643,000	£481,388	34% above HPI
2017 27 SEP	£420,000	£444,848	6% below HPI
2002 27 MAY	£225,000	£208,099	8% above HPI

2 SEA LANE GARDENS 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 SEA LANE GARDENS sales between May 2002 and February 2021 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 September 2017 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the February 2021 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.

How Large is 2 SEA LANE GARDENS?

2 SEA LANE GARDENS is 160m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the largest 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 SEA LANE GARDENS lies on this distribution: 85% of detached houses are smaller than 2 SEA LANE GARDENS, and 15% of houses are larger. Note that EPC data is not available for all properties in Ferring.

2 SEA LANE GARDENS: Plot and Title Map

2 SEA LANE GARDENS sits on a plot of roughly 0.111 of an acre, or 448m². The below map shows the location of 2 SEA LANE GARDENS, 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 SEA LANE GARDENS). 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 SEA LANE GARDENS?

2 SEA LANE GARDENS is located in FERRING, in the BN12 postcode district. The below map shows the position of No. 2 on SEA LANE GARDENS.