261, GORING WAY, FERRING, WORTHING, BN12 5BY - £352,500

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

261 GORING WAY is a very small detached house of 82m², built sometime between 1950 and 1966. It was last sold for £352,500 in January 2015, which was around 6% below the average January 2015 detached price in the Arun local authority area. The most recent EPC inspection was January 2012, where the current energy rating was D, and the potential energy rating was D.

261 GORING WAY Sold Prices

Land registry data shows four sales for 261 GORING WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Arun local authority area for the corresponding sale date. All of the four 261 GORING WAY 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
2015 15 JAN	£352,500	£373,038	6% below HPI
2012 24 MAY	£265,000	£312,943	15% below HPI
2007 29 AUG	£310,750	£337,588	8% below HPI
1998 1 JUL	£113,500	£126,683	10% below HPI

261 GORING WAY 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 four 261 GORING WAY sales between July 1998 and January 2015 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 May 2012 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the January 2015 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 261 GORING WAY?

261 GORING WAY is 82m² according to the EPC inspection conducted in January 2012. This puts it in the smallest 20% of detached houses in Worthing, based on EPC data. The below chart shows the distribution of detached houses by size in Worthing, and where 261 GORING WAY lies on this distribution: 17% of detached houses are smaller than 261 GORING WAY, and 83% of houses are larger. Note that EPC data is not available for all properties in Worthing.

261 GORING WAY: Plot and Title Map

261 GORING WAY sits on a plot of roughly 0.108 of an acre, or 437m². The below map shows the location of 261 GORING WAY, 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 261 GORING WAY). 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 261 GORING WAY?

261 GORING WAY is located in FERRING, in the BN12 postcode district. The below map shows the position of No. 261 on GORING WAY.