5, FERRING MARINE, FERRING, WORTHING, BN12 5PP - £433,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 FERRING MARINE is a midsized detached house of 98m², built sometime between 1950 and 1966, which could now be worth an estimated £761,021. It was last sold for £433,000 in November 2011, which was around 32% above the average November 2011 detached price in the Arun local authority area. The most recent EPC inspection was September 2011, where the current energy rating was E, and the potential energy rating was D.

5 FERRING MARINE Sold Prices

Land registry data shows two sales for 5 FERRING MARINE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Arun local authority area for the corresponding sale date. Both of the two 5 FERRING MARINE 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
2011 24 NOV	£433,000	£326,992	32% above HPI
2000 30 MAY	£182,600	£171,231	7% above HPI

5 FERRING MARINE 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 two 5 FERRING MARINE sales from May 2000 and November 2011 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 2000 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the November 2011 sale, where it rises to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might 5 FERRING MARINE be worth now?

5 FERRING MARINE might now be worth an estimated £761,021.

This is based on house price inflation of 75.8%, between November 2011 and February 2025, 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 75.8% inflationary increase is applied to the most recent sale price for 5 FERRING MARINE of £433,000 on 24th November 2011. For the value to have increased from £433,000 to £761,021 over the fourteen years and nine months to February 2025, the following assumptions must hold true:

• The value of 5 FERRING MARINE has moved in line with the HPI for detached houses in the Arun local authority area.
• The November 2011 sale price of £433,000 represented a fair market value for the property.
• The size, condition, and specification of 5 FERRING MARINE has not materially changed since November 2011.

How Large is 5 FERRING MARINE?

5 FERRING MARINE is 98m² according to the EPC inspection conducted in September 2011. This puts it in the smallest 50% of detached houses houses in Ferring, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ferring, and where 5 FERRING MARINE lies on this distribution: 40% of detached houses houses are smaller than 5 FERRING MARINE, and 60% of houses are larger. Note that EPC data is not available for all properties in Ferring.

5 FERRING MARINE: Plot and Title Map

5 FERRING MARINE sits on a plot of roughly 0.168 of an acre, or 678m². The below map shows the location of 5 FERRING MARINE, 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 MARINE). 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 MARINE?

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