38, BROOK LANE, FERRING, WORTHING, BN12 5JD - £222,500

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

38 BROOK LANE is a very small extended detached house of 78m², built sometime between 1950 and 1966. It was last sold for £222,500 in August 2011, which was around 30% below the average August 2011 detached price in the Arun local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was B.

38 BROOK LANE Sold Prices

Land registry data shows two sales for 38 BROOK LANE 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 38 BROOK LANE 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
2011 1 AUG	£222,500	£316,960	30% below HPI
1996 23 AUG	£69,000	£99,573	31% below HPI

38 BROOK 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 two 38 BROOK LANE sales from August 1996 and August 2011 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 1996 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the August 2011 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 38 BROOK LANE?

38 BROOK LANE is 78m², which includes two extensions, according to the EPC inspection conducted in June 2021. 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 38 BROOK LANE lies on this distribution: 16% of detached houses are smaller than 38 BROOK LANE, and 83% of houses are larger. Note that EPC data is not available for all properties in Ferring.

38 BROOK LANE: Plot and Title Map

38 BROOK LANE sits on a plot of roughly 0.102 of an acre, or 412m². The below map shows the location of 38 BROOK 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 38 BROOK 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 38 BROOK LANE?

38 BROOK LANE is located in FERRING, in the BN12 postcode district. The below map shows the position of No. 38 on BROOK LANE.