2, SOMERSET ROAD, FERRING, WORTHING, BN12 5QA - £505,000

2 SOMERSET ROAD is a midsized extended detached house of 115m², built sometime between 1950 and 1966. It was last sold for £505,000 in September 2015, which was around 28% above the average September 2015 detached price in the Arun local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was C.

2 SOMERSET ROAD Sold Prices

Land registry data shows three sales for 2 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. Two of the three 2 SOMERSET ROAD sales were for above the average price, whilst one was 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
2015 18 SEP	£505,000	£393,200	28% above HPI
2007 30 JUL	£440,000	£335,534	31% above HPI
1999 19 FEB	£130,000	£130,668	1% below HPI

2 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 2 SOMERSET ROAD sales between February 1999 and September 2015 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 July 2007 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the September 2015 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is 2 SOMERSET ROAD?

2 SOMERSET ROAD is 115m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the largest 50% 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 SOMERSET ROAD lies on this distribution: 59% of detached houses are smaller than 2 SOMERSET ROAD, and 41% of houses are larger. Note that EPC data is not available for all properties in Ferring.

2 SOMERSET ROAD: Plot and Title Map

2 SOMERSET ROAD sits on a plot of roughly 0.152 of an acre, or 616m². The below map shows the location of 2 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 2 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 2 SOMERSET ROAD?

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