PARK VIEW, CHURCH LANE, FERRING, WORTHING, BN12 5HR - £565,000

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

PARK VIEW is a very large detached house of 195m², built sometime between 1950 and 1966. It was last sold for £565,000 in January 2015, which was around 51% above the average January 2015 detached price in the Arun local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

PARK VIEW Sold Prices

Land registry data shows two sales for PARK VIEW 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 PARK VIEW 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
2015 15 JAN	£565,000	£373,038	51% above HPI
2010 17 DEC	£305,000	£317,771	4% below HPI

PARK VIEW 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 PARK VIEW sales from December 2010 and January 2015 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 December 2010 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the January 2015 sale, where it rises to 51% above the HPI. The line then continues to track at 51% above the HPI.

How Large is PARK VIEW?

PARK VIEW is 195m² according to the EPC inspection conducted in March 2014. 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 PARK VIEW lies on this distribution: 93% of detached houses are smaller than PARK VIEW, and 7% of houses are larger. Note that EPC data is not available for all properties in Ferring.

PARK VIEW: Plot and Title Map

PARK VIEW sits on a plot of roughly 0.191 of an acre, or 773m². The below map shows the location of PARK VIEW, 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 PARK VIEW). 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 PARK VIEW?

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