4, PENNICOTT ROAD, BOGNOR REGIS, PO21 5AY - £415,000

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 PENNICOTT ROAD is a very large extended detached house of 185m², built sometime from 2007 onwards, which could now be worth an estimated £507,701. It was last sold for £415,000 in June 2019, which was around 12% below the average June 2019 detached price in the Arun local authority area. The most recent EPC inspection was January 2015, where the current energy rating was C, and the potential energy rating was B.

4 PENNICOTT ROAD Sold Prices

Land registry data shows three sales for 4 PENNICOTT 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. One of the three 4 PENNICOTT ROAD sales was for below the average price, whilst two were for above 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
2019 28 JUN	£415,000	£469,771	12% below HPI
2015 23 APR	£415,000	£396,532	5% above HPI
2012 8 JUN	£380,000	£327,068	16% above HPI

4 PENNICOTT 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 4 PENNICOTT ROAD sales between June 2012 and June 2019 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 April 2015 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the June 2019 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 4 PENNICOTT ROAD be worth now?

4 PENNICOTT ROAD might now be worth an estimated £507,701.

This is based on house price inflation of 22.3%, between June 2019 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 22.3% inflationary increase is applied to the most recent sale price for 4 PENNICOTT ROAD of £415,000 on 28th June 2019. For the value to have increased from £415,000 to £507,701 over the six years and four months to February 2025, the following assumptions must hold true:

• The value of 4 PENNICOTT ROAD has moved in line with the HPI for detached houses in the Arun local authority area.
• The June 2019 sale price of £415,000 represented a fair market value for the property.
• The size, condition, and specification of 4 PENNICOTT ROAD has not materially changed since June 2019.

How Large is 4 PENNICOTT ROAD?

4 PENNICOTT ROAD is 185m², which includes one extension, according to the EPC inspection conducted in January 2015. This puts it in the largest 20% 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 PENNICOTT ROAD lies on this distribution: 90% of detached houses houses are smaller than 4 PENNICOTT ROAD, and 10% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

4 PENNICOTT ROAD: Plot and Title Map

4 PENNICOTT ROAD sits on a plot of roughly 0.112 of an acre, or 454m². The below map shows the location of 4 PENNICOTT 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 4 PENNICOTT 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 4 PENNICOTT ROAD?

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