2, CRESCENTA WALK, BOGNOR REGIS, PO21 2YA - £427,500

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.

2 CRESCENTA WALK is a large detached house of 128m², built sometime between 1930 and 1949, which could now be worth an estimated £525,557. It was last sold for £427,500 in August 2019, which was around 9% below the average August 2019 detached price in the Arun local authority area. The most recent EPC inspection was October 2010, where the current energy rating was D, and the potential energy rating was D.

2 CRESCENTA WALK Sold Prices

Land registry data shows four sales for 2 CRESCENTA WALK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Arun local authority area for the corresponding sale date. Most of the four 2 CRESCENTA WALK 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
2019 16 AUG	£427,500	£467,479	9% below HPI
2011 21 OCT	£300,500	£329,912	9% below HPI
2009 26 MAY	£250,000	£283,144	12% below HPI
1996 17 MAY	£150,000	£100,017	50% above HPI

2 CRESCENTA WALK 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 four 2 CRESCENTA WALK sales between May 1996 and August 2019 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 October 2011 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the August 2019 sale, which was also at 9% below the HPI.

What might 2 CRESCENTA WALK be worth now?

2 CRESCENTA WALK might now be worth an estimated £525,557.

This is based on house price inflation of 22.9%, between August 2019 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 22.9% inflationary increase is applied to the most recent sale price for 2 CRESCENTA WALK of £427,500 on 16th August 2019. For the value to have increased from £427,500 to £525,557 over the six years and six months to February 2025, the following assumptions must hold true:

• The value of 2 CRESCENTA WALK has moved in line with the HPI for detached houses in the Arun local authority area.
• The August 2019 sale price of £427,500 represented a fair market value for the property.
• The size, condition, and specification of 2 CRESCENTA WALK has not materially changed since August 2019.

How Large is 2 CRESCENTA WALK?

2 CRESCENTA WALK is 128m² according to the EPC inspection conducted in October 2010. This puts it in the largest 40% 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 2 CRESCENTA WALK lies on this distribution: 63% of detached houses houses are smaller than 2 CRESCENTA WALK, and 37% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

2 CRESCENTA WALK: Plot and Title Map

2 CRESCENTA WALK sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 2 CRESCENTA WALK, 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 CRESCENTA WALK). 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 CRESCENTA WALK?

2 CRESCENTA WALK is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 2 on CRESCENTA WALK.