8, OCEAN DRIVE, FERRING, WORTHING, BN12 5QJ - £690,000

8 OCEAN DRIVE is a small extended detached house of 90m², built sometime between 1930 and 1949. It was last sold for £690,000 in May 2022, which was around 19% above the average May 2022 detached price in the Arun local authority area. The most recent EPC inspection was September 2021, where the current energy rating was E, and the potential energy rating was D.

8 OCEAN DRIVE Sold Prices

Land registry data shows two sales for 8 OCEAN DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Arun local authority area for the corresponding sale date. One of the two 8 OCEAN DRIVE sales was for above the average price, whilst the other 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 12 MAY	£690,000	£581,108	19% above HPI
2001 22 AUG	£176,950	£194,413	9% below HPI

8 OCEAN DRIVE 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 two 8 OCEAN DRIVE sales from August 2001 and May 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 August 2001 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the May 2022 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is 8 OCEAN DRIVE?

8 OCEAN DRIVE is 90m², which includes one extension, according to the EPC inspection conducted in September 2021. This puts it in the smallest 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 8 OCEAN DRIVE lies on this distribution: 32% of detached houses are smaller than 8 OCEAN DRIVE, and 67% of houses are larger. Note that EPC data is not available for all properties in Ferring.

8 OCEAN DRIVE: Plot and Title Map

8 OCEAN DRIVE sits on a plot of roughly 0.130 of an acre, or 525m². The below map shows the location of 8 OCEAN DRIVE, 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 8 OCEAN DRIVE). 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 8 OCEAN DRIVE?

8 OCEAN DRIVE is located in FERRING, in the BN12 postcode district. The below map shows the position of No. 8 on OCEAN DRIVE.