24, ELVERLANDS CLOSE, FERRING, WORTHING, BN12 5PL - £415,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

24 ELVERLANDS CLOSE is a midsized detached house of 107m², built sometime between 1950 and 1966, which could now be worth an estimated £644,685. It was last sold for £415,000 in July 2014, which was around 12% above the average July 2014 detached price in the Arun local authority area. The most recent EPC inspection was January 2014, where the current energy rating was E, and the potential energy rating was C.

24 ELVERLANDS CLOSE Sold Prices

Land registry data shows two sales for 24 ELVERLANDS CLOSE 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 24 ELVERLANDS CLOSE 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
2014 15 JUL	£415,000	£369,953	12% above HPI
1998 2 MAR	£146,000	£122,585	19% above HPI

24 ELVERLANDS CLOSE 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 24 ELVERLANDS CLOSE sales from March 1998 and July 2014 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 March 1998 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the July 2014 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 24 ELVERLANDS CLOSE be worth now?

24 ELVERLANDS CLOSE might now be worth an estimated £644,685.

This is based on house price inflation of 55.3%, between July 2014 and February 2025, for detached houses, in the Arun local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 55.3% inflationary increase is applied to the most recent sale price for 24 ELVERLANDS CLOSE of £415,000 on 15th July 2014. For the value to have increased from £415,000 to £644,685 over the eleven years and five months to February 2025, the following assumptions must hold true:

• The value of 24 ELVERLANDS CLOSE has moved in line with the HPI for detached houses in the Arun local authority area.
• The July 2014 sale price of £415,000 represented a fair market value for the property.
• The size, condition, and specification of 24 ELVERLANDS CLOSE has not materially changed since July 2014.

How Large is 24 ELVERLANDS CLOSE?

24 ELVERLANDS CLOSE is 107m² according to the EPC inspection conducted in January 2014. This puts it in the largest 50% of detached houses houses in Ferring, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ferring, and where 24 ELVERLANDS CLOSE lies on this distribution: 51% of detached houses houses are smaller than 24 ELVERLANDS CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Ferring.

24 ELVERLANDS CLOSE: Plot and Title Map

24 ELVERLANDS CLOSE sits on a plot of roughly 0.129 of an acre, or 521m². The below map shows the location of 24 ELVERLANDS CLOSE, 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 24 ELVERLANDS CLOSE). 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 24 ELVERLANDS CLOSE?

24 ELVERLANDS CLOSE is located in FERRING, in the BN12 postcode district. The below map shows the position of No. 24 on ELVERLANDS CLOSE.