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

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.

12 HERCULES PLACE is a midsized detached house of 102m², built sometime between 1967 and 1975, which could now be worth an estimated £452,763. It was last sold for £375,000 in May 2020, which was around 21% 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	£475,999	21% below HPI
2018 16 AUG	£343,500	£481,304	29% below HPI
2009 27 MAR	£245,000	£295,951	17% 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 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the May 2020 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 12 HERCULES PLACE be worth now?

12 HERCULES PLACE might now be worth an estimated £452,763.

This is based on house price inflation of 20.7%, between May 2020 and February 2025, 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 20.7% inflationary increase is applied to the most recent sale price for 12 HERCULES PLACE of £375,000 on 18th May 2020. For the value to have increased from £375,000 to £452,763 over the five years and three months to February 2025, the following assumptions must hold true:

• The value of 12 HERCULES PLACE has moved in line with the HPI for detached houses in the Arun local authority area.
• The May 2020 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 12 HERCULES PLACE has not materially changed since May 2020.

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 houses in Bognor Regis, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bognor Regis, and where 12 HERCULES PLACE lies on this distribution: 40% of detached houses 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.