40, BROOK LANE, FERRING, WORTHING, BN12 5JD - £685,000

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

40 BROOK LANE is a midsized detached house of 112m², built sometime between 1967 and 1975. It was last sold for £685,000 in December 2023, which was around 25% above the average December 2023 detached price in the Arun local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was B.

40 BROOK LANE Sold Prices

Land registry data shows three sales for 40 BROOK LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Arun local authority area for the corresponding sale date. Two of the three 40 BROOK LANE sales were for above the average price, whilst one 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 8 DEC	£685,000	£549,567	25% above HPI
2013 30 SEP	£365,000	£341,644	7% above HPI
2000 6 DEC	£145,000	£175,983	18% below HPI

40 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 three 40 BROOK LANE sales between December 2000 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 September 2013 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the December 2023 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 40 BROOK LANE?

40 BROOK LANE is 112m² according to the EPC inspection conducted in July 2023. This puts it in the largest 50% of detached houses in Ferring, based on EPC data. The below chart shows the distribution of detached houses by size in Ferring, and where 40 BROOK LANE lies on this distribution: 55% of detached houses are smaller than 40 BROOK LANE, and 44% of houses are larger. Note that EPC data is not available for all properties in Ferring.

40 BROOK LANE: Plot and Title Map

40 BROOK LANE sits on a plot of roughly 0.112 of an acre, or 452m². The below map shows the location of 40 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 40 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 40 BROOK LANE?

40 BROOK LANE is located in FERRING, in the BN12 postcode district. The below map shows the position of No. 40 on BROOK LANE.