5A, CEDAR CLOSE, FERRING, WORTHING, BN12 5LH - £625,000

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.

5A CEDAR CLOSE is a large detached house of 142m², built sometime between 1983 and 1990, which could now be worth an estimated £616,432. It was last sold for £625,000 in June 2023, which was around 11% above the average June 2023 detached price in the Arun local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was C.

5A CEDAR CLOSE Sold Prices

Land registry data shows one sale for 5A CEDAR CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Arun local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2023 22 JUN	£625,000	£565,235	11% above HPI

What might 5A CEDAR CLOSE be worth now?

5A CEDAR CLOSE might now be worth an estimated £616,432.

This is based on house price deflation of 1.4%, between June 2023 and May 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 1.4% deflationary decrease is applied to the most recent sale price for 5A CEDAR CLOSE of £625,000 on 22nd June 2023. For the value to have decreased from £625,000 to £616,432 over the three years and one month to May 2026, the following assumptions must hold true:

• The value of 5A CEDAR CLOSE has moved in line with the HPI for detached houses in the Arun local authority area.
• The June 2023 sale price of £625,000 represented a fair market value for the property.
• The size, condition, and specification of 5A CEDAR CLOSE has not materially changed since June 2023.

How Large is 5A CEDAR CLOSE?

5A CEDAR CLOSE is 142m² according to the EPC inspection conducted in May 2022. This puts it in the largest 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 5A CEDAR CLOSE lies on this distribution: 76% of detached houses are smaller than 5A CEDAR CLOSE, and 23% of detached houses are larger. Note that EPC data is not available for all properties in Ferring.

5A CEDAR CLOSE: Plot

5A CEDAR CLOSE sits on a plot of roughly 0.147 of an acre, or 596m².

Where is 5A CEDAR CLOSE?

5A CEDAR CLOSE is located in FERRING, in the BN12 postcode district.