22, HEDGEWAY, BOGNOR REGIS, PO22 7QY - £270,000

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

22 HEDGEWAY is a small extended detached house of 83m², built sometime between 1976 and 1982. It was last sold for £270,000 in January 2018, which was around 40% below the average January 2018 detached price in the Arun local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was B.

22 HEDGEWAY Sold Prices

Land registry data shows two sales for 22 HEDGEWAY 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 22 HEDGEWAY 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
2018 5 JAN	£270,000	£446,876	40% below HPI
2012 30 MAY	£135,500	£312,943	57% below HPI

22 HEDGEWAY 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 22 HEDGEWAY sales from May 2012 and January 2018 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 May 2012 sale was for 57% below the HPI. So the extrapolation line tracks at 57% below the HPI over time, until the January 2018 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 22 HEDGEWAY?

22 HEDGEWAY is 83m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the smallest 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 22 HEDGEWAY lies on this distribution: 21% of detached houses are smaller than 22 HEDGEWAY, and 78% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

22 HEDGEWAY: Plot and Title Map

22 HEDGEWAY sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of 22 HEDGEWAY, 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 22 HEDGEWAY). 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 22 HEDGEWAY?

22 HEDGEWAY is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 22 on HEDGEWAY.