8, ELVERLANDS CLOSE, FERRING, WORTHING, BN12 5PL - £350,000

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

8 ELVERLANDS CLOSE is a large extended detached house of 141m², built sometime between 1950 and 1966. It was last sold for £350,000 in May 2009, which was around 28% above the average May 2009 detached price in the Arun local authority area. The most recent EPC inspection was March 2020, where the current energy rating was E, and the potential energy rating was C.

8 ELVERLANDS CLOSE Sold Prices

Land registry data shows two sales for 8 ELVERLANDS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Arun local authority area for the corresponding sale date. Both of the two 8 ELVERLANDS CLOSE 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
2009 15 MAY	£350,000	£272,928	28% above HPI
2006 15 DEC	£469,950	£313,156	50% above HPI

8 ELVERLANDS CLOSE 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 two 8 ELVERLANDS CLOSE sales from December 2006 and May 2009 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 December 2006 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the May 2009 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is 8 ELVERLANDS CLOSE?

8 ELVERLANDS CLOSE is 141m², which includes two extensions, according to the EPC inspection conducted in March 2020. 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 8 ELVERLANDS CLOSE lies on this distribution: 77% of detached houses are smaller than 8 ELVERLANDS CLOSE, and 23% of houses are larger. Note that EPC data is not available for all properties in Ferring.

8 ELVERLANDS CLOSE: Plot and Title Map

8 ELVERLANDS CLOSE sits on a plot of roughly 0.153 of an acre, or 619m². The below map shows the location of 8 ELVERLANDS CLOSE, 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 8 ELVERLANDS CLOSE). 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 8 ELVERLANDS CLOSE?

8 ELVERLANDS CLOSE is located in FERRING, in the BN12 postcode district. The below map shows the position of No. 8 on ELVERLANDS CLOSE.