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
188 CHICHESTER ROAD is a large extended detached house of 154m², built sometime between 1950 and 1966. It was last sold for £320,000 in December 2016, which was around 24% below the average December 2016 detached price in the Arun local authority area. The most recent EPC inspection was April 2015, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 188 CHICHESTER ROAD since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Arun local authority area for the corresponding sale date. Both of the two 188 CHICHESTER 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 |
---|---|---|---|
2016 15 DEC | £320,000 | £421,451 | 24% below HPI |
2006 20 JAN | £183,000 | £288,109 | 36% below HPI |
The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The two 188 CHICHESTER ROAD sales from January 2006 and December 2016 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 2006 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the December 2016 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.
188 CHICHESTER ROAD is 154m², which includes two extensions, according to the EPC inspection conducted in April 2015. This puts it in the largest 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 188 CHICHESTER ROAD lies on this distribution: 80% of detached houses are smaller than 188 CHICHESTER ROAD, and 20% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.
188 CHICHESTER ROAD sits on a plot of roughly 0.112 of an acre, or 453m². The below map shows the location of 188 CHICHESTER 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 188 CHICHESTER 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.
188 CHICHESTER ROAD is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 188 on CHICHESTER ROAD.