16, HERCULES PLACE, BOGNOR REGIS, PO22 7RF - £565,000

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

16 HERCULES PLACE is a very large extended detached house of 161m², built sometime between 1967 and 1975. It was last sold for £565,000 in October 2023, which was around 3% above the average October 2023 detached price in the Arun local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was B.

16 HERCULES PLACE Sold Prices

Land registry data shows five sales for 16 HERCULES PLACE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Arun local authority area for the corresponding sale date. The five 16 HERCULES PLACE sales were a mix of above the average price, roughly equal to the average price, and 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
2023 19 OCT	£565,000	£547,607	3% above HPI
2018 5 JAN	£430,000	£446,876	4% below HPI
2015 12 JAN	£360,000	£373,038	3% below HPI
2005 14 JAN	£288,000	£289,318	Close to HPI
2002 4 OCT	£187,500	£238,808	21% below HPI

16 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 five 16 HERCULES PLACE sales between October 2002 and October 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 January 2018 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the October 2023 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 16 HERCULES PLACE?

16 HERCULES PLACE is 161m², which includes one extension, according to the EPC inspection conducted in November 2022. This puts it in the largest 20% 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 16 HERCULES PLACE lies on this distribution: 82% of detached houses are smaller than 16 HERCULES PLACE, and 17% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

16 HERCULES PLACE: Plot and Title Map

16 HERCULES PLACE sits on a plot of roughly 0.129 of an acre, or 521m². The below map shows the location of 16 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 16 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 16 HERCULES PLACE?

16 HERCULES PLACE is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 16 on HERCULES PLACE.