3, OCEAN DRIVE, FERRING, WORTHING, BN12 5QJ - £475,000

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

3 OCEAN DRIVE is a midsized detached house of 116m², built sometime between 1996 and 2002. It was last sold for £475,000 in November 2015, which was around 19% above the average November 2015 detached price in the Arun local authority area. The most recent EPC inspection was March 2010, where the current energy rating was C, and the potential energy rating was C.

3 OCEAN DRIVE Sold Prices

Land registry data shows three sales for 3 OCEAN DRIVE 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 3 OCEAN DRIVE 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
2015 4 NOV	£475,000	£399,348	19% above HPI
2013 26 NOV	£390,000	£344,170	13% above HPI
2005 3 MAY	£390,000	£281,537	39% above HPI

3 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 three 3 OCEAN DRIVE sales between May 2005 and November 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 November 2013 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the November 2015 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is 3 OCEAN DRIVE?

3 OCEAN DRIVE is 116m² according to the EPC inspection conducted in March 2010. This puts it in the largest 50% of detached houses in Ferring, based on EPC data. The below chart shows the distribution of detached houses by size in Ferring, and where 3 OCEAN DRIVE lies on this distribution: 59% of detached houses are smaller than 3 OCEAN DRIVE, and 41% of houses are larger. Note that EPC data is not available for all properties in Ferring.

3 OCEAN DRIVE: Plot and Title Map

3 OCEAN DRIVE sits on a plot of roughly 0.189 of an acre, or 765m². The below map shows the location of 3 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 3 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 3 OCEAN DRIVE?

3 OCEAN DRIVE is located in FERRING, in the BN12 postcode district. The below map shows the position of No. 3 on OCEAN DRIVE.