4, LABURNUM CLOSE, FERRING, WORTHING, BN12 5EJ - £407,000

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

4 LABURNUM CLOSE is a small extended detached house of 88m², built sometime between 1950 and 1966. It was last sold for £407,000 in November 2020, which was around 16% below the average November 2020 detached price in the Arun local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

4 LABURNUM CLOSE Sold Prices

Land registry data shows four sales for 4 LABURNUM CLOSE 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 4 LABURNUM CLOSE 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 NOV	£407,000	£482,191	16% below HPI
2001 6 DEC	£235,000	£203,354	16% above HPI
1999 3 DEC	£167,500	£151,548	11% above HPI
1999 16 FEB	£140,000	£130,668	7% above HPI

4 LABURNUM CLOSE 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 4 LABURNUM CLOSE sales between February 1999 and November 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 December 2001 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the November 2020 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 4 LABURNUM CLOSE?

4 LABURNUM CLOSE is 88m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the smallest 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 4 LABURNUM CLOSE lies on this distribution: 29% of detached houses are smaller than 4 LABURNUM CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Ferring.

4 LABURNUM CLOSE: Plot and Title Map

4 LABURNUM CLOSE sits on a plot of roughly 0.115 of an acre, or 464m². The below map shows the location of 4 LABURNUM CLOSE, 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 4 LABURNUM CLOSE). 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 4 LABURNUM CLOSE?

4 LABURNUM CLOSE is located in FERRING, in the BN12 postcode district. The below map shows the position of No. 4 on LABURNUM CLOSE.