EREBUS, CHURCH LANE, FERRING, WORTHING, BN12 5HN - £700,000

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

EREBUS is a large detached house of 123m², built sometime between 1983 and 1990. It was last sold for £700,000 in October 2022, which was around 24% above the average October 2022 detached price in the Arun local authority area. The most recent EPC inspection was September 2019, where the current energy rating was C, and the potential energy rating was B.

EREBUS Sold Prices

Land registry data shows four sales for EREBUS 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. Most of the four EREBUS 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
2022 5 OCT	£700,000	£566,180	24% above HPI
2022 12 AUG	£689,900	£550,948	25% above HPI
2011 25 AUG	£425,000	£316,960	34% above HPI
1997 22 AUG	£57,500	£112,825	49% below HPI

EREBUS 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 EREBUS sales between August 1997 and October 2022 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 2022 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the October 2022 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is EREBUS?

EREBUS is 123m² according to the EPC inspection conducted in September 2019. This puts it in the largest 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 EREBUS lies on this distribution: 64% of detached houses are smaller than EREBUS, and 35% of houses are larger. Note that EPC data is not available for all properties in Ferring.

EREBUS: Plot and Title Map

EREBUS sits on a plot of roughly 0.153 of an acre, or 620m². The below map shows the location of EREBUS, 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 EREBUS). 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 EREBUS?

EREBUS is located on CHURCH LANE in FERRING, in the BN12 postcode district. The below map shows the position of EREBUS on CHURCH LANE.