31, BEEHIVE LANE, FERRING, WORTHING, BN12 5NR - £650,000

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

31 BEEHIVE LANE is a large extended detached house of 127m², built sometime between 1950 and 1966. It was last sold for £650,000 in March 2020, which was around 43% above the average March 2020 detached price in the Arun local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was B.

31 BEEHIVE LANE Sold Prices

Land registry data shows four sales for 31 BEEHIVE LANE 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. two of the four 31 BEEHIVE LANE sales were for above the average price, and four 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
2020 18 MAR	£650,000	£454,821	43% above HPI
2018 12 APR	£405,000	£449,069	10% below HPI
1999 13 JUL	£165,000	£136,280	21% above HPI
1999 10 MAR	£112,000	£130,608	14% below HPI

31 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 four 31 BEEHIVE LANE sales between March 1999 and March 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 2018 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the March 2020 sale, where it rises to 43% above the HPI. The line then continues to track at 43% above the HPI.

How Large is 31 BEEHIVE LANE?

31 BEEHIVE LANE is 127m², which includes one extension, according to the EPC inspection conducted in October 2018. This puts it in the largest 40% of detached houses in Ferring, based on EPC data. The below chart shows the distribution of detached houses by size in Ferring, and where 31 BEEHIVE LANE lies on this distribution: 68% of detached houses are smaller than 31 BEEHIVE LANE, and 32% of houses are larger. Note that EPC data is not available for all properties in Ferring.

31 BEEHIVE LANE: Plot and Title Map

31 BEEHIVE LANE sits on a plot of roughly 0.157 of an acre, or 637m². The below map shows the location of 31 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 31 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 31 BEEHIVE LANE?

31 BEEHIVE LANE is located in FERRING, in the BN12 postcode district. The below map shows the position of No. 31 on BEEHIVE LANE.