2, THE STRAND, FERRING, WORTHING, BN12 5QX - £750,000

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 THE STRAND is a large extended detached house of 138m², built sometime between 1930 and 1949. It was last sold for £750,000 in June 2022, which was around 39% above the average June 2022 detached price in the Arun local authority area. The most recent EPC inspection was September 2019, where the current energy rating was C, and the potential energy rating was B.

2 THE STRAND Sold Prices

Land registry data shows three sales for 2 THE STRAND 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 THE STRAND 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
2022 14 JUN	£750,000	£540,389	39% above HPI
2013 28 JUN	£455,000	£330,763	38% above HPI
1997 20 FEB	£105,000	£102,734	2% above HPI

2 THE STRAND 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 THE STRAND sales between February 1997 and June 2022 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 2013 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the June 2022 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

How Large is 2 THE STRAND?

2 THE STRAND is 138m², which includes one extension, according to the EPC inspection conducted in September 2019. 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 THE STRAND lies on this distribution: 75% of detached houses are smaller than 2 THE STRAND, and 25% of houses are larger. Note that EPC data is not available for all properties in Ferring.

2 THE STRAND: Plot and Title Map

2 THE STRAND sits on a plot of roughly 0.211 of an acre, or 852m². The below map shows the location of 2 THE STRAND, 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 THE STRAND). 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 THE STRAND?

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