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
50 FERRING LANE is a midsized extended detached house of 111m², built sometime between 1950 and 1966. It was last sold for £410,000 in March 2015, which was around 9% above the average March 2015 detached price in the Arun local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 50 FERRING LANE since 1st 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. One of the three 50 FERRING LANE sales was for above the average price, whilst two 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 |
---|---|---|---|
2015 5 MAR | £410,000 | £375,126 | 9% above HPI |
2004 4 OCT | £289,995 | £292,129 | 1% below HPI |
2002 30 APR | £201,400 | £204,426 | 1% below HPI |
The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The three 50 FERRING LANE sales between April 2002 and March 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 October 2004 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the March 2015 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.
50 FERRING LANE is 111m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the largest 50% of detached houses in Ferring, based on EPC data. The below chart shows the distribution of detached houses by size in Ferring, and where 50 FERRING LANE lies on this distribution: 54% of detached houses are smaller than 50 FERRING LANE, and 45% of houses are larger. Note that EPC data is not available for all properties in Ferring.
50 FERRING LANE sits on a plot of roughly 0.125 of an acre, or 505m². The below map shows the location of 50 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 50 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.
50 FERRING LANE is located in FERRING, in the BN12 postcode district. The below map shows the position of No. 50 on FERRING LANE.