2, WALLFIELD, BOGNOR REGIS, PO21 4AF - £495,000

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 WALLFIELD is a midsized detached house of 111m², built sometime between 1976 and 1982, which could now be worth an estimated £744,321. It was last sold for £495,000 in October 2014, which was around 30% above the average October 2014 detached price in the Arun local authority area. The most recent EPC inspection was April 2014, where the current energy rating was B, and the potential energy rating was B.

2 WALLFIELD Sold Prices

Land registry data shows three sales for 2 WALLFIELD 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 WALLFIELD sales were for above 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
2014 27 OCT	£495,000	£382,200	30% above HPI
2006 31 MAR	£370,000	£298,570	24% above HPI
1997 27 MAY	£133,000	£110,068	21% above HPI

2 WALLFIELD 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 WALLFIELD sales between May 1997 and October 2014 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 March 2006 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the October 2014 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

What might 2 WALLFIELD be worth now?

2 WALLFIELD might now be worth an estimated £744,321.

This is based on house price inflation of 50.4%, between October 2014 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 50.4% inflationary increase is applied to the most recent sale price for 2 WALLFIELD of £495,000 on 27th October 2014. For the value to have increased from £495,000 to £744,321 over the eleven years and eight months to February 2025, the following assumptions must hold true:

• The value of 2 WALLFIELD has moved in line with the HPI for detached houses in the Arun local authority area.
• The October 2014 sale price of £495,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WALLFIELD has not materially changed since October 2014.

How Large is 2 WALLFIELD?

2 WALLFIELD is 111m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 50% 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 WALLFIELD lies on this distribution: 49% of detached houses houses are smaller than 2 WALLFIELD, and 50% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

2 WALLFIELD: Plot and Title Map

2 WALLFIELD sits on a plot of roughly 0.128 of an acre, or 520m². The below map shows the location of 2 WALLFIELD, 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 WALLFIELD). 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 WALLFIELD?

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