15, SOMERSET ROAD, FERRING, WORTHING, BN12 5QA - £587,000

15 SOMERSET ROAD is a large extended detached house of 123m², built sometime between 1950 and 1966. It was last sold for £587,000 in January 2017, which was around 38% above the average January 2017 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 C.

15 SOMERSET ROAD Sold Prices

Land registry data shows three sales for 15 SOMERSET ROAD 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 15 SOMERSET ROAD 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
2017 4 JAN	£587,000	£425,302	38% above HPI
2015 13 JAN	£500,000	£373,038	34% above HPI
2001 31 JAN	£250,000	£176,126	42% above HPI

15 SOMERSET ROAD 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 15 SOMERSET ROAD sales between January 2001 and January 2017 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 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the January 2017 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is 15 SOMERSET ROAD?

15 SOMERSET ROAD is 123m², which includes one extension, according to the EPC inspection conducted in September 2014. 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 15 SOMERSET ROAD lies on this distribution: 64% of detached houses are smaller than 15 SOMERSET ROAD, and 35% of houses are larger. Note that EPC data is not available for all properties in Ferring.

15 SOMERSET ROAD: Plot and Title Map

15 SOMERSET ROAD sits on a plot of roughly 0.228 of an acre, or 923m². The below map shows the location of 15 SOMERSET ROAD, 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 15 SOMERSET ROAD). 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 15 SOMERSET ROAD?

15 SOMERSET ROAD is located in FERRING, in the BN12 postcode district. The below map shows the position of No. 15 on SOMERSET ROAD.