2, CEDAR CLOSE, FERRING, WORTHING, BN12 5LH - £335,000

2 CEDAR CLOSE is a small detached house of 82m², built sometime between 1950 and 1966. It was last sold for £335,000 in May 2013, which was around 3% above the average May 2013 detached price in the Arun local authority area. The most recent EPC inspection was April 2012, where the current energy rating was E, and the potential energy rating was B.

2 CEDAR CLOSE Sold Prices

Land registry data shows three sales for 2 CEDAR CLOSE 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. One of the three 2 CEDAR CLOSE sales was for above the average price, whilst two 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
2013 17 MAY	£335,000	£324,855	3% above HPI
2012 8 JUN	£300,000	£315,268	5% below HPI
2006 21 JUL	£283,000	£295,442	4% below HPI

2 CEDAR CLOSE 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 2 CEDAR CLOSE sales between July 2006 and May 2013 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 June 2012 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the May 2013 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 2 CEDAR CLOSE?

2 CEDAR CLOSE is 82m² according to the EPC inspection conducted in April 2012. This puts it in the smallest 30% of detached houses in Ferring, based on EPC data. The below chart shows the distribution of detached houses by size in Ferring, and where 2 CEDAR CLOSE lies on this distribution: 21% of detached houses are smaller than 2 CEDAR CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Ferring.

2 CEDAR CLOSE: Plot and Title Map

2 CEDAR CLOSE sits on a plot of roughly 0.104 of an acre, or 421m². The below map shows the location of 2 CEDAR CLOSE, 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 2 CEDAR CLOSE). 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 2 CEDAR CLOSE?

2 CEDAR CLOSE is located in FERRING, in the BN12 postcode district. The below map shows the position of No. 2 on CEDAR CLOSE.