4, LUCERNE COURT, BOGNOR REGIS, PO21 4XL - £505,000

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 LUCERNE COURT is a midsized extended detached house of 112m², built sometime between 1967 and 1975, which could now be worth an estimated £580,177. It was last sold for £505,000 in November 2020, which was around 1% above the average November 2020 detached price in the Arun local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was C.

4 LUCERNE COURT Sold Prices

Land registry data shows two sales for 4 LUCERNE COURT 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. One of the two 4 LUCERNE COURT sales was for above the average price, whilst the other was 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
2020 19 NOV	£505,000	£500,238	1% above HPI
2018 19 DEC	£442,500	£476,849	7% below HPI

4 LUCERNE COURT 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 LUCERNE COURT sales from December 2018 and November 2020 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 December 2018 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the November 2020 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 4 LUCERNE COURT be worth now?

4 LUCERNE COURT might now be worth an estimated £580,177.

This is based on house price inflation of 14.9%, between November 2020 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 14.9% inflationary increase is applied to the most recent sale price for 4 LUCERNE COURT of £505,000 on 19th November 2020. For the value to have increased from £505,000 to £580,177 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 4 LUCERNE COURT has moved in line with the HPI for detached houses in the Arun local authority area.
• The November 2020 sale price of £505,000 represented a fair market value for the property.
• The size, condition, and specification of 4 LUCERNE COURT has not materially changed since November 2020.

How Large is 4 LUCERNE COURT?

4 LUCERNE COURT is 112m², which includes one extension, according to the EPC inspection conducted in March 2020. This puts it in the largest 50% 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 LUCERNE COURT lies on this distribution: 50% of detached houses houses are smaller than 4 LUCERNE COURT, and 49% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

4 LUCERNE COURT: Plot and Title Map

4 LUCERNE COURT sits on a plot of roughly 0.137 of an acre, or 555m². The below map shows the location of 4 LUCERNE COURT, 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 LUCERNE COURT). 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 LUCERNE COURT?

4 LUCERNE COURT is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 4 on LUCERNE COURT.