PANSAS HOUSE, LETCHWORTH CLOSE, FERRING, WORTHING, BN12 5RE - £625,000

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

PANSAS HOUSE is a very large extended detached house of 215m², built sometime between 1950 and 1966. It was last sold for £625,000 in November 2020, which was around 30% above the average November 2020 detached price in the Arun local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was C.

PANSAS HOUSE Sold Prices

Land registry data shows four sales for PANSAS HOUSE 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 PANSAS HOUSE 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
2020 2 NOV	£625,000	£482,191	30% above HPI
2003 24 JAN	£305,000	£252,416	21% above HPI
1997 8 OCT	£149,950	£118,729	26% above HPI
1995 26 JUL	£136,950	£96,571	42% above HPI

PANSAS HOUSE 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 PANSAS HOUSE sales between July 1995 and November 2020 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 January 2003 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the November 2020 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is PANSAS HOUSE?

PANSAS HOUSE is 215m², which includes two extensions, according to the EPC inspection conducted in June 2019. This puts it in the largest 10% of detached houses in Ferring, based on EPC data. The below chart shows the distribution of detached houses by size in Ferring, and where PANSAS HOUSE lies on this distribution: 95% of detached houses are smaller than PANSAS HOUSE, and 5% of houses are larger. Note that EPC data is not available for all properties in Ferring.

PANSAS HOUSE: Plot and Title Map

PANSAS HOUSE sits on a plot of roughly 0.284 of an acre, or 1,147m². The below map shows the location of PANSAS HOUSE, 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 PANSAS HOUSE). 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 PANSAS HOUSE?

PANSAS HOUSE is located on LETCHWORTH CLOSE in FERRING, in the BN12 postcode district. The below map shows the position of PANSAS HOUSE on LETCHWORTH CLOSE.