1, CEDAR CLOSE, FERRING, WORTHING, BN12 5LH - £425,000

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.

1 CEDAR CLOSE is a very small detached house of 81m², built sometime between 1967 and 1975, which could now be worth an estimated £497,413. It was last sold for £425,000 in October 2019, which was around 11% below the average October 2019 detached price in the Arun local authority area. The most recent EPC inspection was March 2019, where the current energy rating was E, and the potential energy rating was B.

1 CEDAR CLOSE Sold Prices

Land registry data shows one sale for 1 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
2019 25 OCT	£425,000	£476,328	11% below HPI

What might 1 CEDAR CLOSE be worth now?

1 CEDAR CLOSE might now be worth an estimated £497,413.

This is based on house price inflation of 17%, between October 2019 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 17% inflationary increase is applied to the most recent sale price for 1 CEDAR CLOSE of £425,000 on 25th October 2019. For the value to have increased from £425,000 to £497,413 over the seven years and five months to May 2026, the following assumptions must hold true:

• The value of 1 CEDAR CLOSE has moved in line with the HPI for detached houses in the Arun local authority area.
• The October 2019 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 1 CEDAR CLOSE has not materially changed since October 2019.

How Large is 1 CEDAR CLOSE?

1 CEDAR CLOSE is 81m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 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 1 CEDAR CLOSE lies on this distribution: 18% of detached houses are smaller than 1 CEDAR CLOSE, and 81% of detached houses are larger. Note that EPC data is not available for all properties in Ferring.

1 CEDAR CLOSE: Plot

1 CEDAR CLOSE sits on a plot of roughly 0.168 of an acre, or 680m².

Where is 1 CEDAR CLOSE?

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