8, GREENWAYS CRESCENT, FERRING, WORTHING, BN12 5EF - £615,000

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.

8 GREENWAYS CRESCENT is a large detached house of 136m², built sometime between 1950 and 1966, which could now be worth an estimated £703,849. It was last sold for £615,000 in December 2020, which was around 22% above the average December 2020 detached price in the Arun local authority area. The most recent EPC inspection was March 2014, where the current energy rating was E, and the potential energy rating was C.

8 GREENWAYS CRESCENT Sold Prices

Land registry data shows three sales for 8 GREENWAYS CRESCENT 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. One of the three 8 GREENWAYS CRESCENT sales was for above the average price, whilst two 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
2020 11 DEC	£615,000	£502,159	22% above HPI
2003 14 DEC	£249,950	£275,847	9% below HPI
1995 5 MAY	£76,000	£97,118	22% below HPI

8 GREENWAYS CRESCENT 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 8 GREENWAYS CRESCENT sales between May 1995 and December 2020 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 2003 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the December 2020 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might 8 GREENWAYS CRESCENT be worth now?

8 GREENWAYS CRESCENT might now be worth an estimated £703,849.

This is based on house price inflation of 14.4%, between December 2020 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 14.4% inflationary increase is applied to the most recent sale price for 8 GREENWAYS CRESCENT of £615,000 on 11th December 2020. For the value to have increased from £615,000 to £703,849 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 8 GREENWAYS CRESCENT has moved in line with the HPI for detached houses in the Arun local authority area.
• The December 2020 sale price of £615,000 represented a fair market value for the property.
• The size, condition, and specification of 8 GREENWAYS CRESCENT has not materially changed since December 2020.

How Large is 8 GREENWAYS CRESCENT?

8 GREENWAYS CRESCENT is 136m² according to the EPC inspection conducted in March 2014. This puts it in the largest 30% 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 8 GREENWAYS CRESCENT lies on this distribution: 72% of detached houses houses are smaller than 8 GREENWAYS CRESCENT, and 27% of houses are larger. Note that EPC data is not available for all properties in Ferring.

8 GREENWAYS CRESCENT: Plot and Title Map

8 GREENWAYS CRESCENT sits on a plot of roughly 0.120 of an acre, or 486m². The below map shows the location of 8 GREENWAYS CRESCENT, 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 GREENWAYS CRESCENT). 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 GREENWAYS CRESCENT?

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