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 PEVENSEY ROAD is a very large extended detached house of 187m², built sometime between 1930 and 1949. It was last sold for £395,000 in February 2019, which was around 12% below the average February 2019 detached price in the Arun local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 16 PEVENSEY ROAD since 1st 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 16 PEVENSEY ROAD 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 |
---|---|---|---|
2019 1 FEB | £395,000 | £450,374 | 12% below HPI |
2001 7 JUN | £119,000 | £183,149 | 35% below HPI |
1998 14 DEC | £80,600 | £132,616 | 39% below HPI |
The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The three 16 PEVENSEY ROAD sales between December 1998 and February 2019 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 June 2001 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the February 2019 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.
16 PEVENSEY ROAD is 187m², which includes two extensions, according to the EPC inspection conducted in January 2018. This puts it in the largest 10% 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 PEVENSEY ROAD lies on this distribution: 90% of detached houses are smaller than 16 PEVENSEY ROAD, and 10% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.
16 PEVENSEY ROAD sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 16 PEVENSEY ROAD, 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 PEVENSEY ROAD). 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.
16 PEVENSEY ROAD is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 16 on PEVENSEY ROAD.