ELM LODGE, TAMARISK WAY, FERRING, WORTHING, BN12 5ER - £536,000

ELM LODGE is a very large extended detached house of 155m², built sometime between 1967 and 1975. It was last sold for £536,000 in September 2018, which was around 16% above the average September 2018 detached price in the Arun local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.

ELM LODGE Sold Prices

Land registry data shows three sales for ELM LODGE 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. All of the three ELM LODGE sales were for above 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
2018 28 SEP	£536,000	£462,060	16% above HPI
2002 8 MAY	£280,000	£208,099	35% above HPI
1996 7 JAN	£139,950	£94,762	48% above HPI

ELM LODGE 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 ELM LODGE sales between January 1996 and September 2018 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 2002 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the September 2018 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is ELM LODGE?

ELM LODGE is 155m², which includes two extensions, according to the EPC inspection conducted in July 2022. This puts it in the largest 20% of detached houses in Ferring, based on EPC data. The below chart shows the distribution of detached houses by size in Ferring, and where ELM LODGE lies on this distribution: 84% of detached houses are smaller than ELM LODGE, and 16% of houses are larger. Note that EPC data is not available for all properties in Ferring.

ELM LODGE: Plot and Title Map

ELM LODGE sits on a plot of roughly 0.249 of an acre, or 1,006m². The below map shows the location of ELM LODGE, 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 ELM LODGE). 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 ELM LODGE?

ELM LODGE is located on TAMARISK WAY in FERRING, in the BN12 postcode district. The below map shows the position of ELM LODGE on TAMARISK WAY.