THE RAMBLERS, CHURCH LANE, FERRING, WORTHING, BN12 5HN - £325,000

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

THE RAMBLERS is a large extended detached house of 121m², built sometime before 1900. It was last sold for £325,000 in June 2016, which was around 20% below the average June 2016 detached price in the Arun local authority area. The most recent EPC inspection was September 2016, where the current energy rating was F, and the potential energy rating was C.

THE RAMBLERS Sold Prices

Land registry data shows four sales for THE RAMBLERS 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. The four THE RAMBLERS sales were a mix of below the average price, and roughly equal to 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
2016 1 JUN	£325,000	£406,708	20% below HPI
2015 12 JAN	£325,000	£373,038	13% below HPI
2000 24 JAN	£150,000	£152,246	1% below HPI
1998 17 JUL	£127,000	£126,683	Close to HPI

THE RAMBLERS 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 THE RAMBLERS sales between July 1998 and June 2016 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 2015 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the June 2016 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is THE RAMBLERS?

THE RAMBLERS is 121m², which includes two extensions, according to the EPC inspection conducted in September 2016. 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 THE RAMBLERS lies on this distribution: 62% of detached houses are smaller than THE RAMBLERS, and 37% of houses are larger. Note that EPC data is not available for all properties in Ferring.

THE RAMBLERS: Plot and Title Map

THE RAMBLERS sits on a plot of roughly 0.050 of an acre, or 203m². The below map shows the location of THE RAMBLERS, 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 THE RAMBLERS). 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 THE RAMBLERS?

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