8B, LANGBURY LANE, FERRING, WORTHING, BN12 6PU - £525,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

8B LANGBURY LANE is a midsized extended detached house of 116m², built sometime between 1950 and 1966. It was last sold for £525,000 in August 2024, which was around 4% below the average August 2024 detached price in the Arun local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.

8B LANGBURY LANE Sold Prices

Land registry data shows four sales for 8B LANGBURY LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Arun local authority area for the corresponding sale date. All of the four 8B LANGBURY LANE sales 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
2024 22 AUG	£525,000	£549,551	4% below HPI
2015 11 AUG	£375,000	£387,207	3% below HPI
2009 7 DEC	£265,000	£306,768	14% below HPI
1997 8 OCT	£115,000	£118,729	3% below HPI

8B LANGBURY LANE 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 four 8B LANGBURY LANE sales between October 1997 and August 2024 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 2015 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the August 2024 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 8B LANGBURY LANE?

8B LANGBURY LANE is 116m², which includes two extensions, according to the EPC inspection conducted in February 2015. This puts it in the largest 50% of detached houses in Ferring, based on EPC data. The below chart shows the distribution of detached houses by size in Ferring, and where 8B LANGBURY LANE lies on this distribution: 58% of detached houses are smaller than 8B LANGBURY LANE, and 42% of houses are larger. Note that EPC data is not available for all properties in Ferring.

8B LANGBURY LANE: Plot and Title Map

8B LANGBURY LANE sits on a plot of roughly 0.156 of an acre, or 631m². The below map shows the location of 8B LANGBURY LANE, 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 8B LANGBURY LANE). 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 8B LANGBURY LANE?

8B LANGBURY LANE is located in FERRING, in the BN12 postcode district. The below map shows the position of No. 8B on LANGBURY LANE.