40, NYETIMBER CRESCENT, BOGNOR REGIS, PO21 3NN - £325,000

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.

40 NYETIMBER CRESCENT is a very small detached house of 74m², built sometime between 1967 and 1975, which could now be worth an estimated £392,075. It was last sold for £325,000 in November 2019, which was around 32% below the average November 2019 detached price in the Arun local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was B.

40 NYETIMBER CRESCENT Sold Prices

Land registry data shows three sales for 40 NYETIMBER CRESCENT 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 40 NYETIMBER CRESCENT 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
2019 15 NOV	£325,000	£476,387	32% below HPI
2007 13 MAR	£250,000	£325,899	23% below HPI
1995 7 AUG	£83,000	£101,258	18% below HPI

40 NYETIMBER CRESCENT 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 40 NYETIMBER CRESCENT sales between August 1995 and November 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 March 2007 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the November 2019 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 40 NYETIMBER CRESCENT be worth now?

40 NYETIMBER CRESCENT might now be worth an estimated £392,075.

This is based on house price inflation of 20.6%, between November 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 20.6% inflationary increase is applied to the most recent sale price for 40 NYETIMBER CRESCENT of £325,000 on 15th November 2019. For the value to have increased from £325,000 to £392,075 over the six years and nine months to February 2025, the following assumptions must hold true:

• The value of 40 NYETIMBER CRESCENT has moved in line with the HPI for detached houses in the Arun local authority area.
• The November 2019 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 40 NYETIMBER CRESCENT has not materially changed since November 2019.

How Large is 40 NYETIMBER CRESCENT?

40 NYETIMBER CRESCENT is 74m² according to the EPC inspection conducted in July 2019. This puts it in the smallest 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 40 NYETIMBER CRESCENT lies on this distribution: 11% of detached houses houses are smaller than 40 NYETIMBER CRESCENT, and 88% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

40 NYETIMBER CRESCENT: Plot and Title Map

40 NYETIMBER CRESCENT sits on a plot of roughly 0.100 of an acre, or 403m². The below map shows the location of 40 NYETIMBER CRESCENT, 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 40 NYETIMBER CRESCENT). 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 40 NYETIMBER CRESCENT?

40 NYETIMBER CRESCENT is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 40 on NYETIMBER CRESCENT.