14, FARESMEAD, BOGNOR REGIS, PO21 3DQ - £275,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

14 FARESMEAD is a midsized extended detached house of 118m², built sometime between 1983 and 1990. It was last sold for £275,500 in January 2011, which was around 11% below the average January 2011 detached price in the Arun local authority area. The most recent EPC inspection was June 2010, where the current energy rating was C, and the potential energy rating was C.

14 FARESMEAD Sold Prices

Land registry data shows three sales for 14 FARESMEAD 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 14 FARESMEAD 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
2011 7 JAN	£275,500	£309,740	11% below HPI
2006 27 APR	£247,000	£288,685	14% below HPI
2003 15 APR	£225,000	£252,713	11% below HPI

14 FARESMEAD 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 14 FARESMEAD sales between April 2003 and January 2011 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 2006 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the January 2011 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 14 FARESMEAD?

14 FARESMEAD is 118m², which includes one extension, according to the EPC inspection conducted in June 2010. This puts it in the largest 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 14 FARESMEAD lies on this distribution: 56% of detached houses are smaller than 14 FARESMEAD, and 44% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

14 FARESMEAD: Plot and Title Map

14 FARESMEAD sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 14 FARESMEAD, 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 14 FARESMEAD). 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 14 FARESMEAD?

14 FARESMEAD is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 14 on FARESMEAD.