5, FERRING LANE, FERRING, WORTHING, BN12 6QU - £480,000

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

5 FERRING LANE is a midsized detached house of 119m², built sometime between 1950 and 1966. It was last sold for £480,000 in April 2024, which was around 12% below the average April 2024 detached price in the Arun local authority area. The most recent EPC inspection was August 2023, where the current energy rating was D, and the potential energy rating was C.

5 FERRING LANE Sold Prices

Land registry data shows three sales for 5 FERRING 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 5 FERRING LANE sales were for below the average price, whilst one was 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
2024 22 APR	£480,000	£544,172	12% below HPI
1998 7 MAY	£143,500	£123,936	16% above HPI
1995 6 JAN	£93,000	£95,786	3% below HPI

5 FERRING 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 5 FERRING LANE sales between January 1995 and April 2024 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 May 1998 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the April 2024 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 5 FERRING LANE?

5 FERRING LANE is 119m² according to the EPC inspection conducted in August 2023. This puts it in the largest 40% of detached houses in Ferring, based on EPC data. The below chart shows the distribution of detached houses by size in Ferring, and where 5 FERRING LANE lies on this distribution: 60% of detached houses are smaller than 5 FERRING LANE, and 40% of houses are larger. Note that EPC data is not available for all properties in Ferring.

5 FERRING LANE: Plot and Title Map

5 FERRING LANE sits on a plot of roughly 0.151 of an acre, or 611m². The below map shows the location of 5 FERRING 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 5 FERRING 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 5 FERRING LANE?

5 FERRING LANE is located in FERRING, in the BN12 postcode district. The below map shows the position of No. 5 on FERRING LANE.