62, ELM PARK, FERRING, WORTHING, BN12 5RW - £337,500

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

62 ELM PARK is a very small detached house of 55m², built sometime between 1930 and 1949. It was last sold for £337,500 in March 2021, which was around 30% below the average March 2021 detached price in the Arun local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was C.

62 ELM PARK Sold Prices

Land registry data shows three sales for 62 ELM PARK 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 62 ELM PARK sales 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
2021 2 MAR	£337,500	£481,909	30% below HPI
2013 26 JUN	£232,000	£330,763	30% below HPI
2006 10 AUG	£212,500	£300,465	29% below HPI

62 ELM PARK 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 62 ELM PARK sales between August 2006 and March 2021 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 June 2013 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the March 2021 sale, which was also at 30% below the HPI.

How Large is 62 ELM PARK?

62 ELM PARK is 55m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 10% of detached houses in Worthing, based on EPC data. The below chart shows the distribution of detached houses by size in Worthing, and where 62 ELM PARK lies on this distribution: 1% of detached houses are smaller than 62 ELM PARK, and 99% of houses are larger. Note that EPC data is not available for all properties in Worthing.

62 ELM PARK: Plot and Title Map

62 ELM PARK sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 62 ELM PARK, 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 62 ELM PARK). 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 62 ELM PARK?

62 ELM PARK is located in FERRING, in the BN12 postcode district. The below map shows the position of No. 62 on ELM PARK.