4, MEASHAM CLOSE, FERRING, WORTHING, BN12 5HH - £495,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 MEASHAM CLOSE is a midsized extended detached house of 118m², built sometime between 1983 and 1990, which could now be worth an estimated £613,607. It was last sold for £495,000 in October 2017, which was around 7% above the average October 2017 detached price in the Arun local authority area. The most recent EPC inspection was June 2013, where the current energy rating was E, and the potential energy rating was C.

4 MEASHAM CLOSE Sold Prices

Land registry data shows four sales for 4 MEASHAM 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. All of the four 4 MEASHAM 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
2017 11 OCT	£495,000	£463,618	7% above HPI
2014 24 JUL	£412,000	£369,953	11% above HPI
2005 30 SEP	£315,000	£297,807	6% above HPI
2000 14 MAR	£190,000	£166,134	14% above HPI

4 MEASHAM 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 MEASHAM CLOSE sales between March 2000 and October 2017 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 July 2014 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the October 2017 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 4 MEASHAM CLOSE be worth now?

4 MEASHAM CLOSE might now be worth an estimated £613,607.

This is based on house price inflation of 24%, between October 2017 and February 2025, for detached houses, in the Arun local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24% inflationary increase is applied to the most recent sale price for 4 MEASHAM CLOSE of £495,000 on 11th October 2017. For the value to have increased from £495,000 to £613,607 over the eight years and eight months to February 2025, the following assumptions must hold true:

• The value of 4 MEASHAM CLOSE has moved in line with the HPI for detached houses in the Arun local authority area.
• The October 2017 sale price of £495,000 represented a fair market value for the property.
• The size, condition, and specification of 4 MEASHAM CLOSE has not materially changed since October 2017.

How Large is 4 MEASHAM CLOSE?

4 MEASHAM CLOSE is 118m², which includes one extension, according to the EPC inspection conducted in June 2013. This puts it in the largest 50% of detached houses houses in Ferring, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ferring, and where 4 MEASHAM CLOSE lies on this distribution: 59% of detached houses houses are smaller than 4 MEASHAM CLOSE, and 41% of houses are larger. Note that EPC data is not available for all properties in Ferring.

4 MEASHAM CLOSE: Plot and Title Map

4 MEASHAM CLOSE sits on a plot of roughly 0.153 of an acre, or 618m². The below map shows the location of 4 MEASHAM 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 MEASHAM 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 MEASHAM CLOSE?

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