46, ELM PARK, FERRING, WORTHING, BN12 5RW - £392,500

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

46 ELM PARK is a very small detached house of 76m², built sometime between 1930 and 1949. It was last sold for £392,500 in November 2023, which was around 28% below the average November 2023 detached price in the Arun local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was C.

46 ELM PARK Sold Prices

Land registry data shows three sales for 46 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 46 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 3 NOV	£392,500	£548,445	28% below HPI
1999 10 NOV	£125,000	£147,783	15% below HPI
1995 4 JAN	£56,000	£95,786	42% below HPI

46 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 46 ELM PARK sales between January 1995 and November 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 November 1999 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the November 2023 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 46 ELM PARK?

46 ELM PARK is 76m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 20% of detached houses in Worthing, based on EPC data. The below chart shows the distribution of detached houses by size in Worthing, and where 46 ELM PARK lies on this distribution: 11% of detached houses are smaller than 46 ELM PARK, and 88% of houses are larger. Note that EPC data is not available for all properties in Worthing.

46 ELM PARK: Plot and Title Map

46 ELM PARK sits on a plot of roughly 0.139 of an acre, or 564m². The below map shows the location of 46 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 46 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 46 ELM PARK?

46 ELM PARK is located in FERRING, in the BN12 postcode district. The below map shows the position of No. 46 on ELM PARK.