2, THE NYETIMBERS, BOGNOR REGIS, PO21 3LD - £306,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 THE NYETIMBERS is a large extended detached house of 147m², built sometime between 1967 and 1975. It was last sold for £306,000 in May 2012, which was around 2% below the average May 2012 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 C.

2 THE NYETIMBERS Sold Prices

Land registry data shows three sales for 2 THE NYETIMBERS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Arun local authority area for the corresponding sale date. All of the three 2 THE NYETIMBERS 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
2012 18 MAY	£306,000	£312,943	2% below HPI
2006 16 FEB	£268,000	£289,320	7% below HPI
1997 1 AUG	£30,000	£112,825	73% below HPI

2 THE NYETIMBERS 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 three 2 THE NYETIMBERS sales between August 1997 and May 2012 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 February 2006 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the May 2012 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 2 THE NYETIMBERS?

2 THE NYETIMBERS is 147m², which includes one extension, according to the EPC inspection conducted in October 2010. This puts it in the largest 30% 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 THE NYETIMBERS lies on this distribution: 75% of detached houses are smaller than 2 THE NYETIMBERS, and 25% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

2 THE NYETIMBERS: Plot and Title Map

2 THE NYETIMBERS sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 2 THE NYETIMBERS, 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 THE NYETIMBERS). 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 THE NYETIMBERS?

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