44, ELM PARK, FERRING, WORTHING, BN12 5RW - £510,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

44 ELM PARK is a very small detached house of 80m², built sometime between 1950 and 1966. It was last sold for £510,000 in January 2023, which was around 14% below the average January 2023 detached price in the Arun local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.

44 ELM PARK Sold Prices

Land registry data shows three sales for 44 ELM PARK 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. All of the three 44 ELM PARK 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
2023 20 JAN	£510,000	£590,059	14% below HPI
2021 26 APR	£362,500	£502,467	28% below HPI
2005 17 AUG	£212,000	£297,886	29% below HPI

44 ELM PARK 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 44 ELM PARK sales between August 2005 and January 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 April 2021 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the January 2023 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 44 ELM PARK be worth now?

44 ELM PARK might now be worth an estimated £494,470.

This is based on house price deflation of 3%, between January 2023 and December 2024, 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 3% deflationary decrease is applied to the most recent sale price for 44 ELM PARK of £510,000 on 20th January 2023. For the value to have decreased from £510,000 to £494,470 over the one month to December 2024, the following assumptions must hold true:

• The value of 44 ELM PARK has moved in line with the HPI for detached houses in the Arun local authority area.
• The January 2023 sale price of £510,000 represented a fair market value for the property.
• The size, condition, and specification of 44 ELM PARK has not materially changed since January 2023.

How Large is 44 ELM PARK?

44 ELM PARK is 80m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 20% of detached houses houses in Worthing, based on EPC data. The below chart shows the distribution of detached houses houses by size in Worthing, and where 44 ELM PARK lies on this distribution: 15% of detached houses houses are smaller than 44 ELM PARK, and 84% of houses are larger. Note that EPC data is not available for all properties in Worthing.

44 ELM PARK: Plot and Title Map

44 ELM PARK sits on a plot of roughly 0.119 of an acre, or 482m². The below map shows the location of 44 ELM PARK, 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 44 ELM PARK). 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 44 ELM PARK?

44 ELM PARK is located in FERRING, in the BN12 postcode district. The below map shows the position of No. 44 on ELM PARK.