3, MORNINGTON CRESCENT, BOGNOR REGIS, PO22 8HL - £330,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 MORNINGTON CRESCENT is a very small detached house of 72m², built sometime between 1967 and 1975, which could now be worth an estimated £367,461. It was last sold for £330,000 in June 2021, which was around 36% below the average June 2021 detached price in the Arun local authority area. The most recent EPC inspection was November 2014, where the current energy rating was E, and the potential energy rating was B.

3 MORNINGTON CRESCENT Sold Prices

Land registry data shows three sales for 3 MORNINGTON CRESCENT 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 3 MORNINGTON CRESCENT 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 JUN	£330,000	£516,117	36% below HPI
2006 9 JUN	£205,000	£303,409	32% below HPI
1997 13 AUG	£82,000	£117,048	30% below HPI

3 MORNINGTON CRESCENT 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 3 MORNINGTON CRESCENT sales between August 1997 and June 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 June 2006 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the June 2021 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 3 MORNINGTON CRESCENT be worth now?

3 MORNINGTON CRESCENT might now be worth an estimated £367,461.

This is based on house price inflation of 11.4%, between June 2021 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 11.4% inflationary increase is applied to the most recent sale price for 3 MORNINGTON CRESCENT of £330,000 on 17th June 2021. For the value to have increased from £330,000 to £367,461 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 3 MORNINGTON CRESCENT has moved in line with the HPI for detached houses in the Arun local authority area.
• The June 2021 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MORNINGTON CRESCENT has not materially changed since June 2021.

How Large is 3 MORNINGTON CRESCENT?

3 MORNINGTON CRESCENT is 72m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 10% 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 3 MORNINGTON CRESCENT lies on this distribution: 10% of detached houses houses are smaller than 3 MORNINGTON CRESCENT, and 90% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

3 MORNINGTON CRESCENT: Plot and Title Map

3 MORNINGTON CRESCENT sits on a plot of roughly 0.100 of an acre, or 403m². The below map shows the location of 3 MORNINGTON CRESCENT, 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 3 MORNINGTON CRESCENT). 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 3 MORNINGTON CRESCENT?

3 MORNINGTON CRESCENT is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 3 on MORNINGTON CRESCENT.