3, VICTORIA MEWS, BOGNOR REGIS, PO21 2EP - £320,000

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 VICTORIA MEWS is a midsized extended detached house of 123m², built sometime between 1996 and 2002. It was last sold for £320,000 in December 2018, which was around 30% below the average December 2018 detached price in the Arun local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was B.

3 VICTORIA MEWS Sold Prices

Land registry data shows five sales for 3 VICTORIA MEWS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Arun local authority area for the corresponding sale date. All of the five 3 VICTORIA MEWS 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
2018 7 DEC	£320,000	£459,645	30% below HPI
2011 1 JUN	£250,000	£309,200	19% below HPI
2003 31 JUL	£231,000	£265,815	13% below HPI
2000 30 NOV	£146,000	£177,574	18% below HPI
1997 3 OCT	£103,000	£118,729	13% below HPI

3 VICTORIA MEWS 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 five 3 VICTORIA MEWS sales between October 1997 and December 2018 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 2011 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the December 2018 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 3 VICTORIA MEWS?

3 VICTORIA MEWS is 123m², which includes two extensions, according to the EPC inspection conducted in September 2023. This puts it in the largest 50% 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 VICTORIA MEWS lies on this distribution: 59% of detached houses are smaller than 3 VICTORIA MEWS, and 40% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

3 VICTORIA MEWS: Plot and Title Map

3 VICTORIA MEWS sits on a plot of roughly 0.064 of an acre, or 260m². The below map shows the location of 3 VICTORIA MEWS, 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 VICTORIA MEWS). 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 VICTORIA MEWS?

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