2B, BEEHIVE LANE, FERRING, WORTHING, BN12 5NL - £475,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2B BEEHIVE LANE is a very small detached house of 78m², built sometime from 2007 onwards. It was last sold for £475,000 in February 2020, which was around 5% above the average February 2020 detached price in the Arun local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was B.

2B BEEHIVE LANE Sold Prices

Land registry data shows three sales for 2B BEEHIVE LANE 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 2B BEEHIVE LANE 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
2020 5 FEB	£475,000	£453,354	5% above HPI
2008 9 APR	£371,500	£339,096	10% above HPI
2004 20 SEP	£332,000	£288,693	15% above HPI

2B BEEHIVE LANE 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 2B BEEHIVE LANE sales between September 2004 and February 2020 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 April 2008 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the February 2020 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 2B BEEHIVE LANE?

2B BEEHIVE LANE is 78m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 20% of detached houses in Ferring, based on EPC data. The below chart shows the distribution of detached houses by size in Ferring, and where 2B BEEHIVE LANE lies on this distribution: 16% of detached houses are smaller than 2B BEEHIVE LANE, and 83% of houses are larger. Note that EPC data is not available for all properties in Ferring.

2B BEEHIVE LANE: Plot and Title Map

2B BEEHIVE LANE sits on a plot of roughly 0.092 of an acre, or 371m². The below map shows the location of 2B BEEHIVE LANE, 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 2B BEEHIVE LANE). 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 2B BEEHIVE LANE?

2B BEEHIVE LANE is located in FERRING, in the BN12 postcode district. The below map shows the position of No. 2B on BEEHIVE LANE.