24, OVAL WAYE, FERRING, WORTHING, BN12 5RA - £760,000

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 OVAL WAYE is a small detached house of 91m², built sometime between 1930 and 1949, which could now be worth an estimated £916,966. It was last sold for £760,000 in October 2019, which was around 60% above the average October 2019 detached price in the Arun local authority area. The most recent EPC inspection was December 2014, where the current energy rating was E, and the potential energy rating was B.

24 OVAL WAYE Sold Prices

Land registry data shows three sales for 24 OVAL WAYE 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 24 OVAL WAYE 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
2019 11 OCT	£760,000	£476,328	60% above HPI
2016 15 JUL	£670,000	£429,609	56% above HPI
1998 24 FEB	£130,000	£120,741	8% above HPI

24 OVAL WAYE 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 24 OVAL WAYE sales between February 1998 and October 2019 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 July 2016 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the October 2019 sale, where it rises to 60% above the HPI. The line then continues to track at 60% above the HPI.

What might 24 OVAL WAYE be worth now?

24 OVAL WAYE might now be worth an estimated £916,966.

This is based on house price inflation of 20.7%, between October 2019 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 20.7% inflationary increase is applied to the most recent sale price for 24 OVAL WAYE of £760,000 on 11th October 2019. For the value to have increased from £760,000 to £916,966 over the six years and eight months to February 2025, the following assumptions must hold true:

• The value of 24 OVAL WAYE has moved in line with the HPI for detached houses in the Arun local authority area.
• The October 2019 sale price of £760,000 represented a fair market value for the property.
• The size, condition, and specification of 24 OVAL WAYE has not materially changed since October 2019.

How Large is 24 OVAL WAYE?

24 OVAL WAYE is 91m² according to the EPC inspection conducted in December 2014. This puts it in the smallest 40% 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 OVAL WAYE lies on this distribution: 33% of detached houses houses are smaller than 24 OVAL WAYE, and 66% of houses are larger. Note that EPC data is not available for all properties in Ferring.

24 OVAL WAYE: Plot and Title Map

24 OVAL WAYE sits on a plot of roughly 0.261 of an acre, or 1,055m². The below map shows the location of 24 OVAL WAYE, 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 OVAL WAYE). 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 OVAL WAYE?

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