34, SOMERSET ROAD, FERRING, WORTHING, BN12 5QA - £830,000

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

34 SOMERSET ROAD is a large extended detached house of 142m², built sometime between 1950 and 1966. It was last sold for £830,000 in April 2024, which was around 53% above the average April 2024 detached price in the Arun local authority area. The most recent EPC inspection was September 2023, where the current energy rating was E, and the potential energy rating was C.

34 SOMERSET ROAD Sold Prices

Land registry data shows four sales for 34 SOMERSET ROAD 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. Most of the four 34 SOMERSET ROAD 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
2024 30 APR	£830,000	£544,172	53% above HPI
2009 20 AUG	£409,000	£286,395	43% above HPI
2005 15 SEP	£345,000	£287,062	20% above HPI
2001 28 SEP	£195,000	£198,889	2% below HPI

34 SOMERSET ROAD 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 34 SOMERSET ROAD sales between September 2001 and April 2024 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 August 2009 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the April 2024 sale, where it rises to 53% above the HPI. The line then continues to track at 53% above the HPI.

How Large is 34 SOMERSET ROAD?

34 SOMERSET ROAD is 142m², which includes one extension, according to the EPC inspection conducted in September 2023. This puts it in the largest 30% of detached houses in Ferring, based on EPC data. The below chart shows the distribution of detached houses by size in Ferring, and where 34 SOMERSET ROAD lies on this distribution: 77% of detached houses are smaller than 34 SOMERSET ROAD, and 22% of houses are larger. Note that EPC data is not available for all properties in Ferring.

34 SOMERSET ROAD: Plot and Title Map

34 SOMERSET ROAD sits on a plot of roughly 0.093 of an acre, or 378m². The below map shows the location of 34 SOMERSET ROAD, 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 34 SOMERSET ROAD). 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 34 SOMERSET ROAD?

34 SOMERSET ROAD is located in FERRING, in the BN12 postcode district. The below map shows the position of No. 34 on SOMERSET ROAD.