2, VICTORIA MEWS, BOGNOR REGIS, PO21 2EP - £242,000

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 VICTORIA MEWS is a large detached house of 124m², built sometime between 1983 and 1990, which could now be worth an estimated £428,741. It was last sold for £242,000 in December 2011, which was around 25% 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.

2 VICTORIA MEWS Sold Prices

Land registry data shows four sales for 2 VICTORIA MEWS 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. 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	£324,389	25% below HPI
2002 10 JUN	£189,950	£222,245	15% below HPI
2000 18 AUG	£160,000	£179,587	11% below HPI
1998 27 MAR	£100,000	£122,585	18% below HPI

2 VICTORIA MEWS 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 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 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the December 2011 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 2 VICTORIA MEWS be worth now?

2 VICTORIA MEWS might now be worth an estimated £428,741.

This is based on house price inflation of 77.2%, between December 2011 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 77.2% inflationary increase is applied to the most recent sale price for 2 VICTORIA MEWS of £242,000 on 7th December 2011. For the value to have increased from £242,000 to £428,741 over the fourteen years and ten months to February 2025, the following assumptions must hold true:

• The value of 2 VICTORIA MEWS has moved in line with the HPI for detached houses in the Arun local authority area.
• The December 2011 sale price of £242,000 represented a fair market value for the property.
• The size, condition, and specification of 2 VICTORIA MEWS has not materially changed since December 2011.

How Large is 2 VICTORIA MEWS?

2 VICTORIA MEWS is 124m² according to the EPC inspection conducted in April 2011. 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 VICTORIA MEWS lies on this distribution: 61% of detached houses 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: Plot and Title Map

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.

Where is 2 VICTORIA MEWS?

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.