4, GRANGE CLOSE, FERRING, WORTHING, BN12 5LR - £415,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 GRANGE CLOSE is a small detached house of 92m², built sometime between 1967 and 1975, which could now be worth an estimated £620,090. It was last sold for £415,000 in August 2014, which was around 12% above the average August 2014 detached price in the Arun local authority area. The most recent EPC inspection was January 2014, where the current energy rating was E, and the potential energy rating was B.

4 GRANGE CLOSE Sold Prices

Land registry data shows three sales for 4 GRANGE 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. Two of the three 4 GRANGE CLOSE 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
2014 7 AUG	£415,000	£371,171	12% above HPI
1998 28 JAN	£139,950	£122,070	15% above HPI
1997 23 OCT	£100,000	£123,172	19% below HPI

4 GRANGE 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 4 GRANGE CLOSE sales between October 1997 and August 2014 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 1998 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the August 2014 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 4 GRANGE CLOSE be worth now?

4 GRANGE CLOSE might now be worth an estimated £620,090.

This is based on house price inflation of 49.4%, between August 2014 and April 2026, for detached houses, in the Arun local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 49.4% inflationary increase is applied to the most recent sale price for 4 GRANGE CLOSE of £415,000 on 7th August 2014. For the value to have increased from £415,000 to £620,090 over the twelve years and four months to April 2026, the following assumptions must hold true:

• The value of 4 GRANGE CLOSE has moved in line with the HPI for detached houses in the Arun local authority area.
• The August 2014 sale price of £415,000 represented a fair market value for the property.
• The size, condition, and specification of 4 GRANGE CLOSE has not materially changed since August 2014.

How Large is 4 GRANGE CLOSE?

4 GRANGE CLOSE is 92m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 40% of detached houses houses in Ferring, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ferring, and where 4 GRANGE CLOSE lies on this distribution: 34% of detached houses houses are smaller than 4 GRANGE CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Ferring.

4 GRANGE CLOSE: Plot and Title Map

4 GRANGE CLOSE sits on a plot of roughly 0.125 of an acre, or 506m². The below map shows the location of 4 GRANGE 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 4 GRANGE 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 4 GRANGE CLOSE?

4 GRANGE CLOSE is located in FERRING, in the BN12 postcode district. The below map shows the position of No. 4 on GRANGE CLOSE.