7, HERM ROAD, FERRING, WORTHING, BN12 5PS - £447,500

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

7 HERM ROAD is a large extended detached house of 137m², built sometime between 1950 and 1966. It was last sold for £447,500 in September 2014, which was around 22% above the average September 2014 detached price in the Arun local authority area. The most recent EPC inspection was December 2008, where the current energy rating was E, and the potential energy rating was D.

7 HERM ROAD Sold Prices

Land registry data shows three sales for 7 HERM ROAD 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 7 HERM ROAD 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
2014 16 SEP	£447,500	£365,612	22% above HPI
1997 3 JAN	£114,000	£102,907	11% above HPI
1995 12 JAN	£103,000	£95,786	8% above HPI

7 HERM ROAD 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 7 HERM ROAD sales between January 1995 and September 2014 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 January 1997 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the September 2014 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is 7 HERM ROAD?

7 HERM ROAD is 137m², which includes two extensions, according to the EPC inspection conducted in December 2008. This puts it in the largest 30% of detached houses in Ferring, based on EPC data. The below chart shows the distribution of detached houses by size in Ferring, and where 7 HERM ROAD lies on this distribution: 75% of detached houses are smaller than 7 HERM ROAD, and 25% of houses are larger. Note that EPC data is not available for all properties in Ferring.

7 HERM ROAD: Plot and Title Map

7 HERM ROAD sits on a plot of roughly 0.150 of an acre, or 609m². The below map shows the location of 7 HERM ROAD, 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 7 HERM ROAD). 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 7 HERM ROAD?

7 HERM ROAD is located in FERRING, in the BN12 postcode district. The below map shows the position of No. 7 on HERM ROAD.