5, SOMERSET ROAD, FERRING, WORTHING, BN12 5QA - £590,000

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 SOMERSET ROAD is a very large extended detached house of 185m², built sometime between 1950 and 1966. It was last sold for £590,000 in June 2015, which was around 53% above the average June 2015 detached price in the Arun local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was C.

5 SOMERSET ROAD Sold Prices

Land registry data shows two sales for 5 SOMERSET ROAD 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 SOMERSET ROAD 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
2015 17 JUN	£590,000	£385,180	53% above HPI
2006 8 DEC	£500,000	£313,156	60% above HPI

5 SOMERSET ROAD 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 SOMERSET ROAD sales from December 2006 and June 2015 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 December 2006 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the June 2015 sale, where it falls to 53% above the HPI. The line then continues to track at 53% above the HPI.

How Large is 5 SOMERSET ROAD?

5 SOMERSET ROAD is 185m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the largest 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 5 SOMERSET ROAD lies on this distribution: 90% of detached houses are smaller than 5 SOMERSET ROAD, and 10% of houses are larger. Note that EPC data is not available for all properties in Ferring.

5 SOMERSET ROAD: Plot and Title Map

5 SOMERSET ROAD sits on a plot of roughly 0.250 of an acre, or 1,011m². The below map shows the location of 5 SOMERSET ROAD, 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 SOMERSET ROAD). 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 SOMERSET ROAD?

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