28, HEDGEWAY, BOGNOR REGIS, PO22 7QY - £350,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

28 HEDGEWAY is a very small detached house of 70m², built sometime between 1950 and 1966. It was last sold for £350,000 in December 2021, which was around 33% below the average December 2021 detached price in the Arun local authority area. The most recent EPC inspection was April 2017, where the current energy rating was C, and the potential energy rating was B.

28 HEDGEWAY Sold Prices

Land registry data shows four sales for 28 HEDGEWAY 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 28 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
2021 17 DEC	£350,000	£525,540	33% below HPI
2017 25 AUG	£280,000	£437,936	36% below HPI
2000 15 NOV	£129,950	£177,574	27% below HPI
1997 21 AUG	£87,000	£112,825	23% below HPI

28 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 four 28 HEDGEWAY sales between August 1997 and December 2021 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 August 2017 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the December 2021 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 28 HEDGEWAY?

28 HEDGEWAY is 70m² according to the EPC inspection conducted in April 2017. This puts it in the smallest 10% 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 28 HEDGEWAY lies on this distribution: 8% of detached houses are smaller than 28 HEDGEWAY, and 91% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

28 HEDGEWAY: Plot and Title Map

28 HEDGEWAY sits on a plot of roughly 0.088 of an acre, or 355m². The below map shows the location of 28 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 28 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 28 HEDGEWAY?

28 HEDGEWAY is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 28 on HEDGEWAY.