55, SEA LANE, FERRING, WORTHING, BN12 5DY - £475,000

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

55 SEA LANE is a large extended detached house of 129m², built sometime between 1950 and 1966. It was last sold for £475,000 in August 2019, which was around 5% above the average August 2019 detached price in the Arun local authority area. The most recent EPC inspection was April 2024, where the current energy rating was C, and the potential energy rating was B.

55 SEA LANE Sold Prices

Land registry data shows three sales for 55 SEA 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. All of the three 55 SEA LANE 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
2019 7 AUG	£475,000	£450,613	5% above HPI
2019 25 JUL	£475,000	£450,198	6% above HPI
2005 24 JUN	£354,000	£282,191	25% above HPI

55 SEA 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 55 SEA LANE sales between June 2005 and August 2019 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 July 2019 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the August 2019 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 55 SEA LANE?

55 SEA LANE is 129m², which includes one extension, according to the EPC inspection conducted in April 2024. This puts it in the largest 40% of detached houses in Worthing, based on EPC data. The below chart shows the distribution of detached houses by size in Worthing, and where 55 SEA LANE lies on this distribution: 62% of detached houses are smaller than 55 SEA LANE, and 38% of houses are larger. Note that EPC data is not available for all properties in Worthing.

55 SEA LANE: Plot and Title Map

55 SEA LANE sits on a plot of roughly 0.121 of an acre, or 490m². The below map shows the location of 55 SEA 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 55 SEA 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 55 SEA LANE?

55 SEA LANE is located in FERRING, in the BN12 postcode district. The below map shows the position of No. 55 on SEA LANE.