5, OVAL WAYE, FERRING, WORTHING, BN12 5RA - £720,000

5 OVAL WAYE is a large detached house of 123m², built sometime between 1950 and 1966. It was last sold for £720,000 in November 2022, which was around 18% above the average November 2022 detached price in the Arun local authority area. The most recent EPC inspection was February 2022, where the current energy rating was E, and the potential energy rating was C.

5 OVAL WAYE Sold Prices

Land registry data shows three sales for 5 OVAL WAYE 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 5 OVAL WAYE 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
2022 4 NOV	£720,000	£609,200	18% above HPI
1997 15 MAY	£117,500	£106,097	11% above HPI
1995 28 FEB	£59,995	£92,623	35% below HPI

5 OVAL WAYE 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 5 OVAL WAYE sales between February 1995 and November 2022 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 May 1997 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the November 2022 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 5 OVAL WAYE?

5 OVAL WAYE is 123m² according to the EPC inspection conducted in February 2022. 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 5 OVAL WAYE lies on this distribution: 64% of detached houses are smaller than 5 OVAL WAYE, and 35% of houses are larger. Note that EPC data is not available for all properties in Ferring.

5 OVAL WAYE: Plot and Title Map

5 OVAL WAYE sits on a plot of roughly 0.119 of an acre, or 482m². The below map shows the location of 5 OVAL WAYE, 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 5 OVAL WAYE). 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 5 OVAL WAYE?

5 OVAL WAYE is located in FERRING, in the BN12 postcode district. The below map shows the position of No. 5 on OVAL WAYE.