2, BROOKSMEAD, BOGNOR REGIS, PO22 8AS - £440,000

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

2 BROOKSMEAD is a very small extended detached house of 79m², built sometime between 1967 and 1975. It was last sold for £440,000 in March 2024, which was around 19% below the average March 2024 detached price in the Arun local authority area. The most recent EPC inspection was February 2024, where the current energy rating was C, and the potential energy rating was B.

2 BROOKSMEAD Sold Prices

Land registry data shows two sales for 2 BROOKSMEAD 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 2 BROOKSMEAD 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
2024 8 MAR	£440,000	£543,335	19% below HPI
2014 20 JUN	£242,000	£350,047	31% below HPI

2 BROOKSMEAD 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 2 BROOKSMEAD sales from June 2014 and March 2024 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 2014 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the March 2024 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 2 BROOKSMEAD?

2 BROOKSMEAD is 79m², which includes one extension, according to the EPC inspection conducted in February 2024. 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 2 BROOKSMEAD lies on this distribution: 17% of detached houses are smaller than 2 BROOKSMEAD, and 82% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

2 BROOKSMEAD: Plot and Title Map

2 BROOKSMEAD sits on a plot of roughly 0.127 of an acre, or 514m². The below map shows the location of 2 BROOKSMEAD, 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 2 BROOKSMEAD). 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 2 BROOKSMEAD?

2 BROOKSMEAD is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 2 on BROOKSMEAD.