25, FARESMEAD, BOGNOR REGIS, PO21 3DQ - £268,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

25 FARESMEAD is a small detached house of 99m², built sometime between 1967 and 1975. It was last sold for £268,000 in June 2007, which was around 19% below the average June 2007 detached price in the Arun local authority area. The most recent EPC inspection was September 2023, where the current energy rating was D, and the potential energy rating was B.

25 FARESMEAD Sold Prices

Land registry data shows three sales for 25 FARESMEAD 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 25 FARESMEAD 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
2007 29 JUN	£268,000	£329,872	19% below HPI
2001 8 JAN	£160,000	£176,126	9% below HPI
1996 6 NOV	£84,000	£101,195	17% below HPI

25 FARESMEAD 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 25 FARESMEAD sales between November 1996 and June 2007 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 January 2001 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the June 2007 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 25 FARESMEAD?

25 FARESMEAD is 99m² according to the EPC inspection conducted in September 2023. This puts it in the smallest 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 25 FARESMEAD lies on this distribution: 38% of detached houses are smaller than 25 FARESMEAD, and 61% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

25 FARESMEAD: Plot and Title Map

25 FARESMEAD sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 25 FARESMEAD, 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 25 FARESMEAD). 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 25 FARESMEAD?

25 FARESMEAD is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 25 on FARESMEAD.