8, HERM ROAD, FERRING, WORTHING, BN12 5PS - £700,000

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 HERM ROAD is a large detached house of 142m², built sometime between 1950 and 1966, which could now be worth an estimated £708,479. It was last sold for £700,000 in November 2023, which was around 23% above the average November 2023 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 three sales for 8 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 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
2023 9 NOV	£700,000	£567,828	23% above HPI
2012 6 FEB	£410,000	£330,315	24% above HPI
2003 9 DEC	£288,000	£275,847	4% 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 three 8 HERM ROAD sales between December 2003 and November 2023 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 February 2012 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the November 2023 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 8 HERM ROAD be worth now?

8 HERM ROAD might now be worth an estimated £708,479.

This is based on house price inflation of 1.2%, between November 2023 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 1.2% inflationary increase is applied to the most recent sale price for 8 HERM ROAD of £700,000 on 9th November 2023. For the value to have increased from £700,000 to £708,479 over the two years and nine months to February 2025, the following assumptions must hold true:

• The value of 8 HERM ROAD has moved in line with the HPI for detached houses in the Arun local authority area.
• The November 2023 sale price of £700,000 represented a fair market value for the property.
• The size, condition, and specification of 8 HERM ROAD has not materially changed since November 2023.

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 houses in Ferring, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ferring, and where 8 HERM ROAD lies on this distribution: 77% of detached houses 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.