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

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

18 HEDGEWAY is a small extended detached house of 91m², built sometime between 1967 and 1975. It was last sold for £237,500 in April 2012, which was around 25% below the average April 2012 detached price in the Arun local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was D.

18 HEDGEWAY Sold Prices

Land registry data shows three sales for 18 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 18 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 27 APR	£237,500	£314,854	25% below HPI
1998 19 FEB	£89,000	£116,385	24% below HPI
1997 28 NOV	£84,500	£118,713	29% below HPI

18 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 18 HEDGEWAY sales between November 1997 and April 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 February 1998 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the April 2012 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 18 HEDGEWAY?

18 HEDGEWAY is 91m², which includes one extension, according to the EPC inspection conducted in April 2011. 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 18 HEDGEWAY lies on this distribution: 30% of detached houses are smaller than 18 HEDGEWAY, and 70% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

18 HEDGEWAY: Plot and Title Map

18 HEDGEWAY sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 18 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 18 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 18 HEDGEWAY?

18 HEDGEWAY is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 18 on HEDGEWAY.