55A, SEA LANE GARDENS, FERRING, WORTHING, BN12 5EG - £800,000

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.

55A SEA LANE GARDENS is a midsized detached house of 103m², which could now be worth an estimated £777,525. It was last sold for £800,000 in December 2022, which was around 35% 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.

55A SEA LANE GARDENS Sold Prices

Land registry data shows three sales for 55A SEA LANE GARDENS 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. 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	£591,318	35% above HPI
2020 6 MAR	£580,000	£471,844	23% above HPI
2019 5 FEB	£210,000	£467,231	55% below HPI

55A SEA LANE GARDENS 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 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 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the December 2022 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.

What might 55A SEA LANE GARDENS be worth now?

55A SEA LANE GARDENS might now be worth an estimated £777,525.

This is based on house price deflation of 2.8%, between December 2022 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 2.8% deflationary decrease is applied to the most recent sale price for 55A SEA LANE GARDENS of £800,000 on 16th December 2022. For the value to have decreased from £800,000 to £777,525 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of 55A SEA LANE GARDENS has moved in line with the HPI for detached houses in the Arun local authority area.
• The December 2022 sale price of £800,000 represented a fair market value for the property.
• The size, condition, and specification of 55A SEA LANE GARDENS has not materially changed since December 2022.

How Large is 55A SEA LANE GARDENS?

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 houses in Ferring, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ferring, and where 55A SEA LANE GARDENS lies on this distribution: 48% of detached houses houses are smaller than 55A SEA LANE GARDENS, and 51% of houses are larger. Note that EPC data is not available for all properties in Ferring.

55A SEA LANE GARDENS: Plot and Title Map

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.

Where is 55A SEA LANE GARDENS?

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.