ROSEDENE, LETCHWORTH CLOSE, FERRING, WORTHING, BN12 5RE - £440,000

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

ROSEDENE is a very small detached house of 64m², built sometime between 1996 and 2002. It was last sold for £440,000 in March 2020, which was around 3% below the average March 2020 detached price in the Arun local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.

ROSEDENE Sold Prices

Land registry data shows three sales for ROSEDENE 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. Two of the three ROSEDENE sales were for below the average price, whilst one was 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 9 MAR	£440,000	£454,821	3% below HPI
2019 27 SEP	£418,500	£456,001	8% below HPI
1997 25 JUL	£112,500	£108,784	3% above HPI

ROSEDENE 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 ROSEDENE sales between July 1997 and March 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 September 2019 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the March 2020 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is ROSEDENE?

ROSEDENE is 64m² according to the EPC inspection conducted in October 2019. 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 ROSEDENE lies on this distribution: 3% of detached houses are smaller than ROSEDENE, and 97% of houses are larger. Note that EPC data is not available for all properties in Ferring.

ROSEDENE: Plot and Title Map

ROSEDENE sits on a plot of roughly 0.137 of an acre, or 555m². The below map shows the location of ROSEDENE, 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 ROSEDENE). 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 ROSEDENE?

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