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 VICTORIA MEWS is a large detached house of 124m², built sometime between 1983 and 1990. It was last sold for £242,000 in December 2011, which was around 23% below the average December 2011 detached price in the Arun local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 2 VICTORIA MEWS since 1st 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. All of the four 2 VICTORIA MEWS 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 |
---|---|---|---|
2011 7 DEC | £242,000 | £312,686 | 23% below HPI |
2002 10 JUN | £189,950 | £214,227 | 11% below HPI |
2000 18 AUG | £160,000 | £173,108 | 8% below HPI |
1998 27 MAR | £100,000 | £118,162 | 15% below HPI |
The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The four 2 VICTORIA MEWS sales between March 1998 and December 2011 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 2002 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the December 2011 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.
2 VICTORIA MEWS is 124m² according to the EPC inspection conducted in April 2011. This puts it in the largest 40% 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 VICTORIA MEWS lies on this distribution: 61% of detached houses are smaller than 2 VICTORIA MEWS, and 39% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.
2 VICTORIA MEWS sits on a plot of roughly 0.058 of an acre, or 236m². The below map shows the location of 2 VICTORIA MEWS, 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 VICTORIA MEWS). 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.
2 VICTORIA MEWS is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 2 on VICTORIA MEWS.