12, HERCULES PLACE, BOGNOR REGIS, PO22 7RF - £375,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

12 HERCULES PLACE is a midsized detached house of 102m², built sometime between 1967 and 1975. It was last sold for £375,000 in May 2020, which was around 18% below the average May 2020 detached price in the Arun local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was B.

12 HERCULES PLACE Sold Prices

Land registry data shows three sales for 12 HERCULES PLACE 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 12 HERCULES PLACE sales were 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
2020 18 MAY	£375,000	£458,826	18% below HPI
2018 16 AUG	£343,500	£463,939	26% below HPI
2009 27 MAR	£245,000	£285,274	14% below HPI

12 HERCULES PLACE 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 12 HERCULES PLACE sales between March 2009 and May 2020 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 2018 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the May 2020 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 12 HERCULES PLACE?

12 HERCULES PLACE is 102m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 50% of detached houses in Bognor Regis, based on EPC data. The below chart shows the distribution of detached houses by size in Bognor Regis, and where 12 HERCULES PLACE lies on this distribution: 41% of detached houses are smaller than 12 HERCULES PLACE, and 59% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

12 HERCULES PLACE: Plot and Title Map

12 HERCULES PLACE sits on a plot of roughly 0.106 of an acre, or 430m². The below map shows the location of 12 HERCULES PLACE, 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 12 HERCULES PLACE). 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 12 HERCULES PLACE?

12 HERCULES PLACE is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 12 on HERCULES PLACE.