44, OCEAN DRIVE, FERRING, WORTHING, BN12 5QP - £458,000

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

44 OCEAN DRIVE is a very small detached house of 68m², built sometime between 1983 and 1990. It was last sold for £458,000 in September 2019, which was about the average September 2019 detached price in the Arun local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.

44 OCEAN DRIVE Sold Prices

Land registry data shows four sales for 44 OCEAN DRIVE 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. The four 44 OCEAN DRIVE sales were a mix of roughly equal to the average price, above the average price, and 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
2019 20 SEP	£458,000	£456,001	Close to HPI
2017 30 JUN	£415,000	£428,987	3% below HPI
2013 29 APR	£300,000	£324,910	8% below HPI
1997 12 NOV	£120,000	£118,713	1% above HPI

44 OCEAN 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 four 44 OCEAN DRIVE sales between November 1997 and September 2019 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 June 2017 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the September 2019 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 44 OCEAN DRIVE?

44 OCEAN DRIVE is 68m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 10% of detached houses in Ferring, based on EPC data. The below chart shows the distribution of detached houses by size in Ferring, and where 44 OCEAN DRIVE lies on this distribution: 5% of detached houses are smaller than 44 OCEAN DRIVE, and 94% of houses are larger. Note that EPC data is not available for all properties in Ferring.

44 OCEAN DRIVE: Plot and Title Map

44 OCEAN DRIVE sits on a plot of roughly 0.151 of an acre, or 612m². The below map shows the location of 44 OCEAN 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 44 OCEAN 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 44 OCEAN DRIVE?

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