47, OCEAN DRIVE, FERRING, WORTHING, BN12 5QP - £660,000

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

47 OCEAN DRIVE is a very small detached house of 70m², built sometime between 1900 and 1929. It was last sold for £660,000 in September 2018, which was around 43% above the average September 2018 detached price in the Arun local authority area. The most recent EPC inspection was September 2010, where the current energy rating was E, and the potential energy rating was E.

47 OCEAN DRIVE Sold Prices

Land registry data shows three sales for 47 OCEAN DRIVE 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 47 OCEAN DRIVE sales were for above 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
2018 21 SEP	£660,000	£462,060	43% above HPI
2007 28 MAR	£395,000	£314,141	26% above HPI
2002 25 OCT	£255,000	£238,808	7% above HPI

47 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 three 47 OCEAN DRIVE sales between October 2002 and September 2018 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 March 2007 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the September 2018 sale, where it rises to 43% above the HPI. The line then continues to track at 43% above the HPI.

How Large is 47 OCEAN DRIVE?

47 OCEAN DRIVE is 70m² according to the EPC inspection conducted in September 2010. 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 47 OCEAN DRIVE lies on this distribution: 7% of detached houses are smaller than 47 OCEAN DRIVE, and 93% of houses are larger. Note that EPC data is not available for all properties in Ferring.

47 OCEAN DRIVE: Plot and Title Map

47 OCEAN DRIVE sits on a plot of roughly 0.178 of an acre, or 719m². The below map shows the location of 47 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 47 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 47 OCEAN DRIVE?

47 OCEAN DRIVE is located in FERRING, in the BN12 postcode district. The below map shows the position of No. 47 on OCEAN DRIVE.