CHANTEK, DRAYCLIFF CLOSE, FERRING, WORTHING, BN12 5RQ - £199,000

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

CHANTEK is a small extended detached house of 92m², built sometime between 1950 and 1966. It was last sold for £199,000 in October 2000, which was around 13% above the average October 2000 detached price in the Arun local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was B.

CHANTEK Sold Prices

Land registry data shows two sales for CHANTEK 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. One of the two CHANTEK sales was for above the average price, whilst the other was 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
2000 9 OCT	£199,000	£176,754	13% above HPI
2000 18 MAY	£147,500	£165,053	11% below HPI

CHANTEK 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 CHANTEK sales from May 2000 and October 2000 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 May 2000 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the October 2000 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is CHANTEK?

CHANTEK is 92m², which includes one extension, according to the EPC inspection conducted in March 2024. 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 CHANTEK lies on this distribution: 34% of detached houses are smaller than CHANTEK, and 65% of houses are larger. Note that EPC data is not available for all properties in Ferring.

CHANTEK: Plot and Title Map

CHANTEK sits on a plot of roughly 0.121 of an acre, or 489m². The below map shows the location of CHANTEK, 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 CHANTEK). 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 CHANTEK?

CHANTEK is located on DRAYCLIFF CLOSE in FERRING, in the BN12 postcode district. The below map shows the position of CHANTEK on DRAYCLIFF CLOSE.