15, HEDGEWAY, BOGNOR REGIS, PO22 7QY - £237,500

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

15 HEDGEWAY is a small extended detached house of 91m², built sometime between 1967 and 1975. It was last sold for £237,500 in June 2012, which was around 25% below the average June 2012 detached price in the Arun local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was D.

15 HEDGEWAY Sold Prices

Land registry data shows three sales for 15 HEDGEWAY 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 15 HEDGEWAY 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
2012 7 JUN	£237,500	£315,268	25% below HPI
2001 28 MAR	£152,000	£178,950	15% below HPI
1997 5 SEP	£93,500	£117,047	20% below HPI

15 HEDGEWAY 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 15 HEDGEWAY sales between September 1997 and June 2012 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 March 2001 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the June 2012 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 15 HEDGEWAY?

15 HEDGEWAY is 91m², which includes one extension, according to the EPC inspection conducted in April 2010. This puts it in the smallest 30% 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 15 HEDGEWAY lies on this distribution: 29% of detached houses are smaller than 15 HEDGEWAY, and 71% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

15 HEDGEWAY: Plot and Title Map

15 HEDGEWAY sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 15 HEDGEWAY, 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 15 HEDGEWAY). 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 15 HEDGEWAY?

15 HEDGEWAY is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 15 on HEDGEWAY.