8, HERM ROAD, FERRING, WORTHING, BN12 5PS - £410,000

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 HERM ROAD is a large detached house of 142m², built sometime between 1950 and 1966. It was last sold for £410,000 in February 2012, which was around 29% above the average February 2012 detached price in the Arun local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was B.

8 HERM ROAD Sold Prices

Land registry data shows two sales for 8 HERM ROAD 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 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
2012 6 FEB	£410,000	£318,398	29% above HPI
2003 9 DEC	£288,000	£265,895	8% above HPI

8 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 two 8 HERM ROAD sales from December 2003 and February 2012 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 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the February 2012 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is 8 HERM ROAD?

8 HERM ROAD is 142m² according to the EPC inspection conducted in April 2023. 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 HERM ROAD lies on this distribution: 77% of detached houses are smaller than 8 HERM ROAD, and 22% of houses are larger. Note that EPC data is not available for all properties in Ferring.

8 HERM ROAD: Plot and Title Map

8 HERM ROAD sits on a plot of roughly 0.128 of an acre, or 517m². The below map shows the location of 8 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 8 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 8 HERM ROAD?

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