4, FARM CORNER, BOGNOR REGIS, PO22 6LX - £216,000

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

4 FARM CORNER is a very small detached house of 69m², built sometime between 1950 and 1966. It was last sold for £216,000 in May 2024, which was around 61% below the average May 2024 detached price in the Arun local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was B.

4 FARM CORNER Sold Prices

Land registry data shows two sales for 4 FARM CORNER 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 4 FARM CORNER 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
2024 8 MAY	£216,000	£550,694	61% below HPI
1998 2 NOV	£77,500	£131,925	41% below HPI

4 FARM CORNER 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 4 FARM CORNER sales from November 1998 and May 2024 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 November 1998 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the May 2024 sale, where it falls to 61% below the HPI. The line then continues to track at 61% below the HPI.

How Large is 4 FARM CORNER?

4 FARM CORNER is 69m² according to the EPC inspection conducted in March 2024. 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 4 FARM CORNER lies on this distribution: 8% of detached houses are smaller than 4 FARM CORNER, and 92% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

4 FARM CORNER: Plot and Title Map

4 FARM CORNER sits on a plot of roughly 0.102 of an acre, or 412m². The below map shows the location of 4 FARM CORNER, 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 4 FARM CORNER). 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 4 FARM CORNER?

4 FARM CORNER is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 4 on FARM CORNER.