PEGGLES, CHURCH LANE, FERRING, WORTHING, BN12 5HN - £545,000

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

PEGGLES is a very small extended detached house of 57m², built sometime before 1900. It was last sold for £545,000 in August 2024, which was around 1% below the average August 2024 detached price in the Arun local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

PEGGLES Sold Prices

Land registry data shows three sales for PEGGLES since 1^st 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 PEGGLES sales were 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
2024 30 AUG	£545,000	£549,551	1% below HPI
2017 30 AUG	£359,950	£437,936	18% below HPI
2015 5 JUN	£290,000	£385,180	25% below HPI

PEGGLES 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 three PEGGLES sales between June 2015 and August 2024 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 2017 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the August 2024 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is PEGGLES?

PEGGLES is 57m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the smallest 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 PEGGLES lies on this distribution: 1% of detached houses are smaller than PEGGLES, and 99% of houses are larger. Note that EPC data is not available for all properties in Ferring.

PEGGLES: Plot and Title Map

PEGGLES sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of PEGGLES, 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 PEGGLES). 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 PEGGLES?

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