117, ELMER ROAD, BOGNOR REGIS, PO22 6LH - £155,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

117 ELMER ROAD is a small extended semi-detached house of 97m², built sometime between 1930 and 1949, which could now be worth an estimated £157,709. It was last sold for £155,000 in July 2023, which was around 56% below the average July 2023 semi-detached price in the Arun local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was C.

117 ELMER ROAD Sold Prices

Land registry data shows three sales for 117 ELMER ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Arun local authority area for the corresponding sale date. Two of the three 117 ELMER ROAD sales were for below the average price, whilst one was 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
2023 18 JUL	£155,000	£355,767	56% below HPI
2022 25 APR	£355,000	£347,785	2% above HPI
2018 22 JUN	£240,000	£296,259	19% below HPI

117 ELMER ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Arun local authority area over time, sourced from the HPI. The three 117 ELMER ROAD sales between June 2018 and July 2023 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 April 2022 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the July 2023 sale, where it falls to 56% below the HPI. The line then continues to track at 56% below the HPI.

What might 117 ELMER ROAD be worth now?

117 ELMER ROAD might now be worth an estimated £157,709.

This is based on house price inflation of 1.7%, between July 2023 and February 2025, for semi-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 1.7% inflationary increase is applied to the most recent sale price for 117 ELMER ROAD of £155,000 on 18th July 2023. For the value to have increased from £155,000 to £157,709 over the two years and five months to February 2025, the following assumptions must hold true:

• The value of 117 ELMER ROAD has moved in line with the HPI for semi-detached houses in the Arun local authority area.
• The July 2023 sale price of £155,000 represented a fair market value for the property.
• The size, condition, and specification of 117 ELMER ROAD has not materially changed since July 2023.

How Large is 117 ELMER ROAD?

117 ELMER ROAD is 97m², which includes one extension, according to the EPC inspection conducted in August 2021. This puts it in the smallest 40% of semi-detached houses houses in Bognor Regis, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bognor Regis, and where 117 ELMER ROAD lies on this distribution: 35% of semi-detached houses houses are smaller than 117 ELMER ROAD, and 64% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

Where is 117 ELMER ROAD?

117 ELMER ROAD is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 117 on ELMER ROAD.