188, CHICHESTER ROAD, BOGNOR REGIS, PO21 5BJ - £320,000

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.

188 CHICHESTER ROAD is a large extended detached house of 154m², built sometime between 1950 and 1966, which could now be worth an estimated £420,620. It was last sold for £320,000 in December 2016, which was around 27% 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.

188 CHICHESTER ROAD Sold Prices

Land registry data shows two sales for 188 CHICHESTER ROAD since 1^st 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	£437,226	27% below HPI
2006 20 JAN	£183,000	£298,892	39% below HPI

188 CHICHESTER ROAD 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 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 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the December 2016 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 188 CHICHESTER ROAD be worth now?

188 CHICHESTER ROAD might now be worth an estimated £420,620.

This is based on house price inflation of 31.4%, between December 2016 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 31.4% inflationary increase is applied to the most recent sale price for 188 CHICHESTER ROAD of £320,000 on 15th December 2016. For the value to have increased from £320,000 to £420,620 over the nine years and ten months to February 2025, the following assumptions must hold true:

• The value of 188 CHICHESTER ROAD has moved in line with the HPI for detached houses in the Arun local authority area.
• The December 2016 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 188 CHICHESTER ROAD has not materially changed since December 2016.

How Large is 188 CHICHESTER ROAD?

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 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 188 CHICHESTER ROAD lies on this distribution: 80% of detached houses 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: Plot and Title Map

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.

Where is 188 CHICHESTER ROAD?

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.