4, HERCULES PLACE, BOGNOR REGIS, PO22 7RF - £245,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 HERCULES PLACE is a large extended detached house of 128m², built sometime between 1967 and 1975, which could now be worth an estimated £434,056. It was last sold for £245,000 in December 2011, which was around 24% below the average December 2011 detached price in the Arun local authority area. The most recent EPC inspection was November 2009, where the current energy rating was D, and the potential energy rating was C.

4 HERCULES PLACE Sold Prices

Land registry data shows four sales for 4 HERCULES 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. All of the four 4 HERCULES PLACE 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
2011 2 DEC	£245,000	£324,389	24% below HPI
2003 17 NOV	£238,000	£276,310	14% below HPI
2000 21 JUL	£164,750	£177,212	7% below HPI
1996 2 AUG	£86,500	£103,300	16% below HPI

4 HERCULES 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 4 HERCULES PLACE sales between August 1996 and December 2011 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 2003 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the December 2011 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 4 HERCULES PLACE be worth now?

4 HERCULES PLACE might now be worth an estimated £434,056.

This is based on house price inflation of 77.2%, between December 2011 and February 2025, for detached houses, in the Arun local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 77.2% inflationary increase is applied to the most recent sale price for 4 HERCULES PLACE of £245,000 on 2nd December 2011. For the value to have increased from £245,000 to £434,056 over the fourteen years and ten months to February 2025, the following assumptions must hold true:

• The value of 4 HERCULES PLACE has moved in line with the HPI for detached houses in the Arun local authority area.
• The December 2011 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 4 HERCULES PLACE has not materially changed since December 2011.

How Large is 4 HERCULES PLACE?

4 HERCULES PLACE is 128m², which includes two extensions, according to the EPC inspection conducted in November 2009. This puts it in the largest 40% of detached houses houses in Bognor Regis, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bognor Regis, and where 4 HERCULES PLACE lies on this distribution: 63% of detached houses houses are smaller than 4 HERCULES PLACE, and 37% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

4 HERCULES PLACE: Plot and Title Map

4 HERCULES PLACE sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 4 HERCULES 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 4 HERCULES 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 4 HERCULES PLACE?

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