2, OAKLANDS, FERRING, WORTHING, BN12 5GE - £287,000

2 OAKLANDS is a small semi-detached house of 81m², built sometime from 2007 onwards. It was last sold for £287,000 in August 2010, which was around 13% below the average August 2010 detached price in the Arun local authority area. The most recent EPC inspection was August 2009, where the current energy rating was B, and the potential energy rating was B.

2 OAKLANDS Sold Prices

Land registry data shows three sales for 2 OAKLANDS 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 OAKLANDS sales was for below the average price, whilst two 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
2010 2 AUG	£287,000	£328,318	13% below HPI
2006 6 NOV	£665,000	£310,240	114% above HPI
1995 8 FEB	£193,000	£92,623	108% above HPI

2 OAKLANDS 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 OAKLANDS sales between February 1995 and August 2010 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 November 2006 sale was for 114% above the HPI. So the extrapolation line tracks at 114% above the HPI over time, until the August 2010 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 2 OAKLANDS?

2 OAKLANDS is 81m² according to the EPC inspection conducted in August 2009. 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 OAKLANDS lies on this distribution: 20% of detached houses are smaller than 2 OAKLANDS, and 80% of houses are larger. Note that EPC data is not available for all properties in Ferring.

2 OAKLANDS: Plot and Title Map

2 OAKLANDS sits on a plot of roughly 0.028 of an acre, or 112m². The below map shows the location of 2 OAKLANDS, 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 OAKLANDS). 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 OAKLANDS?

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