8, GRANGE CLOSE, FERRING, WORTHING, BN12 5LR - £650,000

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 GRANGE CLOSE is a large detached house of 125m², built sometime between 1950 and 1966. It was last sold for £650,000 in December 2018, which was around 41% above the average December 2018 detached price in the Arun local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was C.

8 GRANGE CLOSE Sold Prices

Land registry data shows two sales for 8 GRANGE 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. One of the two 8 GRANGE CLOSE sales was for above the average price, whilst the other 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
2018 6 DEC	£650,000	£459,645	41% above HPI
2005 15 AUG	£282,500	£287,139	2% below HPI

8 GRANGE 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 GRANGE CLOSE sales from August 2005 and December 2018 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 August 2005 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the December 2018 sale, where it rises to 41% above the HPI. The line then continues to track at 41% above the HPI.

How Large is 8 GRANGE CLOSE?

8 GRANGE CLOSE is 125m² according to the EPC inspection conducted in July 2017. This puts it in the largest 40% 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 GRANGE CLOSE lies on this distribution: 66% of detached houses are smaller than 8 GRANGE CLOSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Ferring.

8 GRANGE CLOSE: Plot and Title Map

8 GRANGE CLOSE sits on a plot of roughly 0.122 of an acre, or 496m². The below map shows the location of 8 GRANGE 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 GRANGE 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 GRANGE CLOSE?

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