4, SOUTH DRIVE, FERRING, WORTHING, BN12 5QS - £600,000

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 SOUTH DRIVE is a small extended detached house of 88m², built sometime between 1950 and 1966. It was last sold for £600,000 in December 2023, which was around 10% above the average December 2023 detached price in the Arun local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was C.

4 SOUTH DRIVE Sold Prices

Land registry data shows two sales for 4 SOUTH DRIVE 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. One of the two 4 SOUTH DRIVE sales was for above the average price, whilst the other was 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
2023 20 DEC	£600,000	£544,937	10% above HPI
1996 2 AUG	£60,000	£99,573	40% below HPI

4 SOUTH DRIVE 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 4 SOUTH DRIVE sales from August 1996 and December 2023 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 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the December 2023 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 4 SOUTH DRIVE?

4 SOUTH DRIVE is 88m², which includes one extension, according to the EPC inspection conducted in May 2023. 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 SOUTH DRIVE lies on this distribution: 29% of detached houses are smaller than 4 SOUTH DRIVE, and 70% of houses are larger. Note that EPC data is not available for all properties in Ferring.

4 SOUTH DRIVE: Plot and Title Map

4 SOUTH DRIVE sits on a plot of roughly 0.119 of an acre, or 482m². The below map shows the location of 4 SOUTH DRIVE, 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 SOUTH DRIVE). 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 SOUTH DRIVE?

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