31, SHERWOOD ROAD, BOGNOR REGIS, PO22 9DR - £255,000

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

31 SHERWOOD ROAD is a small detached house of 83m², built sometime between 1930 and 1949. It was last sold for £255,000 in March 2016, which was around 38% below the average March 2016 detached price in the Arun local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

31 SHERWOOD ROAD Sold Prices

Land registry data shows two sales for 31 SHERWOOD ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Arun local authority area for the corresponding sale date. Both of the two 31 SHERWOOD ROAD 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
2016 18 MAR	£255,000	£410,492	38% below HPI
1995 4 OCT	£56,000	£95,294	41% below HPI

31 SHERWOOD ROAD 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 two 31 SHERWOOD ROAD sales from October 1995 and March 2016 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 October 1995 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the March 2016 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 31 SHERWOOD ROAD?

31 SHERWOOD ROAD is 83m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 30% 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 31 SHERWOOD ROAD lies on this distribution: 21% of detached houses are smaller than 31 SHERWOOD ROAD, and 78% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

31 SHERWOOD ROAD: Plot and Title Map

31 SHERWOOD ROAD sits on a plot of roughly 0.098 of an acre, or 395m². The below map shows the location of 31 SHERWOOD ROAD, 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 31 SHERWOOD ROAD). 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 31 SHERWOOD ROAD?

31 SHERWOOD ROAD is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 31 on SHERWOOD ROAD.