198, CHICHESTER ROAD, BOGNOR REGIS, PO21 5BJ - £276,000

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

198 CHICHESTER ROAD is a very small extended detached house of 80m², built sometime between 1930 and 1949. It was last sold for £276,000 in September 2023, which was around 50% below the average September 2023 detached price in the Arun local authority area. The most recent EPC inspection was October 2017, where the current energy rating was C, and the potential energy rating was B.

198 CHICHESTER ROAD Sold Prices

Land registry data shows five sales for 198 CHICHESTER ROAD 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. All of the five 198 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
2023 15 SEP	£276,000	£555,568	50% below HPI
2023 24 MAY	£220,000	£554,991	60% below HPI
2018 1 MAR	£275,000	£448,033	39% below HPI
2010 29 APR	£165,000	£321,725	49% below HPI
2003 16 MAY	£144,500	£253,612	43% below HPI

198 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 five 198 CHICHESTER ROAD sales between May 2003 and September 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 May 2023 sale was for 60% below the HPI. So the extrapolation line tracks at 60% below the HPI over time, until the September 2023 sale, where it rises to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is 198 CHICHESTER ROAD?

198 CHICHESTER ROAD is 80m², which includes two extensions, according to the EPC inspection conducted in October 2017. This puts it in the smallest 20% 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 198 CHICHESTER ROAD lies on this distribution: 18% of detached houses are smaller than 198 CHICHESTER ROAD, and 81% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

198 CHICHESTER ROAD: Plot and Title Map

198 CHICHESTER ROAD sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 198 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 198 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 198 CHICHESTER ROAD?

198 CHICHESTER ROAD is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 198 on CHICHESTER ROAD.