23, CHICHESTER ROAD, BOGNOR REGIS, PO21 2XQ - £245,000

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

23 CHICHESTER ROAD is a small extended detached house of 88m², built sometime between 1950 and 1966. It was last sold for £245,000 in May 2016, which was around 40% below the average May 2016 detached price in the Arun local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was B.

23 CHICHESTER ROAD Sold Prices

Land registry data shows three sales for 23 CHICHESTER ROAD 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 23 CHICHESTER ROAD 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
2016 17 MAY	£245,000	£409,936	40% below HPI
2004 4 NOV	£180,000	£288,556	38% below HPI
1998 12 NOV	£75,000	£131,925	43% below HPI

23 CHICHESTER ROAD 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 23 CHICHESTER ROAD sales between November 1998 and May 2016 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 November 2004 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the May 2016 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 23 CHICHESTER ROAD?

23 CHICHESTER ROAD is 88m², which includes one extension, according to the EPC inspection conducted in July 2023. 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 23 CHICHESTER ROAD lies on this distribution: 26% of detached houses are smaller than 23 CHICHESTER ROAD, and 73% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

23 CHICHESTER ROAD: Plot and Title Map

23 CHICHESTER ROAD sits on a plot of roughly 0.087 of an acre, or 351m². The below map shows the location of 23 CHICHESTER ROAD, 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 23 CHICHESTER ROAD). 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 23 CHICHESTER ROAD?

23 CHICHESTER ROAD is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 23 on CHICHESTER ROAD.