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

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.

16 HERCULES PLACE is a very large extended detached house of 161m², built sometime between 1967 and 1975, which could now be worth an estimated £573,974. It was last sold for £565,000 in October 2023, which was about 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 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	£565,721	Close to HPI
2018 5 JAN	£430,000	£463,602	7% below HPI
2015 12 JAN	£360,000	£387,000	7% below HPI
2005 14 JAN	£288,000	£300,147	4% below HPI
2002 4 OCT	£187,500	£247,746	24% 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 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the October 2023 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 16 HERCULES PLACE be worth now?

16 HERCULES PLACE might now be worth an estimated £573,974.

This is based on house price inflation of 1.6%, between October 2023 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 1.6% inflationary increase is applied to the most recent sale price for 16 HERCULES PLACE of £565,000 on 19th October 2023. For the value to have increased from £565,000 to £573,974 over the two years and eight months to February 2025, the following assumptions must hold true:

• The value of 16 HERCULES PLACE has moved in line with the HPI for detached houses in the Arun local authority area.
• The October 2023 sale price of £565,000 represented a fair market value for the property.
• The size, condition, and specification of 16 HERCULES PLACE has not materially changed since October 2023.

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 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 16 HERCULES PLACE lies on this distribution: 82% of detached houses houses are smaller than 16 HERCULES PLACE, and 18% 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.