2, PINE WALK, BOGNOR REGIS, PO21 3DP - £416,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 PINE WALK is a very small detached house of 79m², built sometime between 1950 and 1966, which could now be worth an estimated £424,673. It was last sold for £416,000 in November 2024, which was around 26% below the average November 2024 detached price in the Arun local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

2 PINE WALK Sold Prices

Land registry data shows two sales for 2 PINE WALK 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 PINE 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
2024 27 NOV	£416,000	£562,969	26% below HPI
2014 10 JUN	£247,000	£363,149	32% below HPI

2 PINE 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 two 2 PINE WALK sales from June 2014 and November 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 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the November 2024 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 2 PINE WALK be worth now?

2 PINE WALK might now be worth an estimated £424,673.

This is based on house price inflation of 2.1%, between November 2024 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 2.1% inflationary increase is applied to the most recent sale price for 2 PINE WALK of £416,000 on 27th November 2024. For the value to have increased from £416,000 to £424,673 over the one year and nine months to February 2025, the following assumptions must hold true:

• The value of 2 PINE WALK has moved in line with the HPI for detached houses in the Arun local authority area.
• The November 2024 sale price of £416,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PINE WALK has not materially changed since November 2024.

How Large is 2 PINE WALK?

2 PINE WALK is 79m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 20% 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 PINE WALK lies on this distribution: 17% of detached houses houses are smaller than 2 PINE WALK, and 83% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

2 PINE WALK: Plot and Title Map

2 PINE WALK sits on a plot of roughly 0.136 of an acre, or 549m². The below map shows the location of 2 PINE 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 PINE 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 PINE WALK?

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