24, OCEAN DRIVE, FERRING, WORTHING, BN12 5QP - £249,950

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

24 OCEAN DRIVE is a small extended detached house of 89m², built sometime between 1967 and 1975. It was last sold for £249,950 in April 2003, which was around 1% below the average April 2003 detached price in the Arun local authority area. The most recent EPC inspection was August 2024, where the current energy rating was D, and the potential energy rating was B.

24 OCEAN DRIVE Sold Prices

Land registry data shows two sales for 24 OCEAN DRIVE 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 OCEAN DRIVE 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
2003 2 APR	£249,950	£252,713	1% below HPI
2000 18 SEP	£159,000	£174,086	9% below HPI

24 OCEAN DRIVE 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 OCEAN DRIVE sales from September 2000 and April 2003 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 2000 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the April 2003 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 24 OCEAN DRIVE?

24 OCEAN DRIVE is 89m², which includes one extension, according to the EPC inspection conducted in August 2024. This puts it in the smallest 40% of detached houses in Ferring, based on EPC data. The below chart shows the distribution of detached houses by size in Ferring, and where 24 OCEAN DRIVE lies on this distribution: 30% of detached houses are smaller than 24 OCEAN DRIVE, and 69% of houses are larger. Note that EPC data is not available for all properties in Ferring.

24 OCEAN DRIVE: Plot and Title Map

24 OCEAN DRIVE sits on a plot of roughly 0.137 of an acre, or 554m². The below map shows the location of 24 OCEAN DRIVE, 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 OCEAN DRIVE). 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 OCEAN DRIVE?

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