3, OLD PLACE, BOGNOR REGIS, PO21 3AU - £286,000

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

3 OLD PLACE is a large detached house of 125m², built sometime between 1967 and 1975. It was last sold for £286,000 in July 2010, which was around 12% below the average July 2010 detached price in the Arun local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was C.

3 OLD PLACE Sold Prices

Land registry data shows four sales for 3 OLD PLACE 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. Most of the four 3 OLD PLACE sales were for above 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
2010 30 JUL	£286,000	£326,470	12% below HPI
1999 10 AUG	£145,000	£140,147	3% above HPI
1997 27 MAY	£134,950	£106,097	27% above HPI
1995 6 OCT	£100,000	£95,294	5% above HPI

3 OLD PLACE 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 3 OLD PLACE sales between October 1995 and July 2010 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 1999 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the July 2010 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 3 OLD PLACE?

3 OLD PLACE is 125m² according to the EPC inspection conducted in April 2010. This puts it in the largest 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 3 OLD PLACE lies on this distribution: 61% of detached houses are smaller than 3 OLD PLACE, and 39% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

3 OLD PLACE: Plot and Title Map

3 OLD PLACE sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 3 OLD PLACE, 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 OLD PLACE). 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 OLD PLACE?

3 OLD PLACE is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 3 on OLD PLACE.