28, ELM PARK, FERRING, WORTHING, BN12 5RW - £410,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

28 ELM PARK is a small extended detached house of 89m², built sometime between 1930 and 1949. It was last sold for £410,000 in March 2021, which was around 18% below the average March 2021 detached price in the Arun local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was B.

28 ELM PARK Sold Prices

Land registry data shows two sales for 28 ELM PARK 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 28 ELM PARK 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
2021 31 MAR	£410,000	£499,946	18% below HPI
2013 25 JAN	£225,000	£333,990	33% below HPI

28 ELM PARK 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 28 ELM PARK sales from January 2013 and March 2021 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 January 2013 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the March 2021 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 28 ELM PARK be worth now?

28 ELM PARK might now be worth an estimated £469,165.

This is based on house price inflation of 14.4%, between March 2021 and December 2024, 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 14.4% inflationary increase is applied to the most recent sale price for 28 ELM PARK of £410,000 on 31st March 2021. For the value to have increased from £410,000 to £469,165 over the two years and three months to December 2024, the following assumptions must hold true:

• The value of 28 ELM PARK has moved in line with the HPI for detached houses in the Arun local authority area.
• The March 2021 sale price of £410,000 represented a fair market value for the property.
• The size, condition, and specification of 28 ELM PARK has not materially changed since March 2021.

How Large is 28 ELM PARK?

28 ELM PARK is 89m², which includes one extension, according to the EPC inspection conducted in April 2017. This puts it in the smallest 30% of detached houses houses in Worthing, based on EPC data. The below chart shows the distribution of detached houses houses by size in Worthing, and where 28 ELM PARK lies on this distribution: 24% of detached houses houses are smaller than 28 ELM PARK, and 74% of houses are larger. Note that EPC data is not available for all properties in Worthing.

28 ELM PARK: Plot and Title Map

28 ELM PARK sits on a plot of roughly 0.109 of an acre, or 440m². The below map shows the location of 28 ELM PARK, 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 28 ELM PARK). 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 28 ELM PARK?

28 ELM PARK is located in FERRING, in the BN12 postcode district. The below map shows the position of No. 28 on ELM PARK.