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
55A SEA LANE GARDENS is a midsized detached house of 103m². It was last sold for £800,000 in December 2022, which was around 40% above the average December 2022 detached price in the Arun local authority area. The most recent EPC inspection was January 2020, where the current energy rating was B, and the potential energy rating was A.
Land registry data shows three sales for 55A SEA LANE GARDENS 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. Two of the three 55A SEA LANE GARDENS sales were for above the average price, whilst one was 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 |
---|---|---|---|
2022 16 DEC | £800,000 | £569,985 | 40% above HPI |
2020 6 MAR | £580,000 | £454,821 | 28% above HPI |
2019 5 FEB | £210,000 | £450,374 | 53% 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 55A SEA LANE GARDENS sales between February 2019 and December 2022 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 March 2020 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the December 2022 sale, where it rises to 40% above the HPI. The line then continues to track at 40% above the HPI.
55A SEA LANE GARDENS is 103m² according to the EPC inspection conducted in January 2020. This puts it in the smallest 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 55A SEA LANE GARDENS lies on this distribution: 47% of detached houses are smaller than 55A SEA LANE GARDENS, and 52% of houses are larger. Note that EPC data is not available for all properties in Ferring.
55A SEA LANE GARDENS sits on a plot of roughly 0.118 of an acre, or 478m². The below map shows the location of 55A SEA LANE GARDENS, 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 55A SEA LANE GARDENS). 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.
55A SEA LANE GARDENS is located in FERRING, in the BN12 postcode district. The below map shows the position of No. 55A on SEA LANE GARDENS.