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
BAY TREE COTTAGE is a small extended detached house of 95m², built sometime between 1950 and 1966. It was last sold for £270,000 in September 2001, which was around 36% above the average September 2001 detached price in the Arun local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for BAY TREE COTTAGE since 1st 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 BAY TREE COTTAGE 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 |
---|---|---|---|
2001 6 SEP | £270,000 | £198,889 | 36% above HPI |
1998 15 JUN | £134,000 | £124,107 | 8% above HPI |
1997 19 MAY | £121,000 | £106,097 | 14% above HPI |
The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The three BAY TREE COTTAGE sales between May 1997 and September 2001 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 June 1998 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the September 2001 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.
BAY TREE COTTAGE is 95m², which includes one extension, according to the EPC inspection conducted in April 2013. This puts it in the smallest 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 BAY TREE COTTAGE lies on this distribution: 37% of detached houses are smaller than BAY TREE COTTAGE, and 62% of houses are larger. Note that EPC data is not available for all properties in Ferring.
BAY TREE COTTAGE sits on a plot of roughly 0.174 of an acre, or 705m². The below map shows the location of BAY TREE COTTAGE, 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 BAY TREE COTTAGE). 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.
BAY TREE COTTAGE is located on PARK DRIVE in FERRING, in the BN12 postcode district. The below map shows the position of BAY TREE COTTAGE on PARK DRIVE.