363, CHICHESTER ROAD, BOGNOR REGIS, PO21 5AN - £245,000

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

363 CHICHESTER ROAD is a very small detached house of 63m², built sometime from 2007 onwards. It was last sold for £245,000 in June 2008, which was around 26% below the average June 2008 detached price in the Arun local authority area. The most recent EPC inspection was January 2012, where the current energy rating was C, and the potential energy rating was C.

363 CHICHESTER ROAD Sold Prices

Land registry data shows three sales for 363 CHICHESTER ROAD 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 363 CHICHESTER 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
2008 6 JUN	£245,000	£333,010	26% below HPI
2003 24 OCT	£175,000	£265,133	34% below HPI
1998 12 MAR	£91,000	£118,162	23% below HPI

363 CHICHESTER 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 three 363 CHICHESTER ROAD sales between March 1998 and June 2008 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 2003 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the June 2008 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 363 CHICHESTER ROAD?

363 CHICHESTER ROAD is 63m² according to the EPC inspection conducted in January 2012. 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 363 CHICHESTER ROAD lies on this distribution: 4% of detached houses are smaller than 363 CHICHESTER ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

363 CHICHESTER ROAD: Plot and Title Map

363 CHICHESTER ROAD sits on a plot of roughly 0.037 of an acre, or 150m². The below map shows the location of 363 CHICHESTER 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 363 CHICHESTER 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 363 CHICHESTER ROAD?

363 CHICHESTER ROAD is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 363 on CHICHESTER ROAD.