48, SHERWOOD ROAD, BOGNOR REGIS, PO22 9DR - £250,000

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.

48 SHERWOOD ROAD is a large extended detached house of 125m², built sometime between 1967 and 1975, which could now be worth an estimated £402,263. It was last sold for £250,000 in October 2013, which was around 30% below the average October 2013 detached price in the Arun local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was C.

48 SHERWOOD ROAD Sold Prices

Land registry data shows two sales for 48 SHERWOOD ROAD 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 48 SHERWOOD ROAD 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
2013 18 OCT	£250,000	£357,171	30% below HPI
2006 18 AUG	£280,000	£311,711	10% below HPI

48 SHERWOOD 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 two 48 SHERWOOD ROAD sales from August 2006 and October 2013 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 August 2006 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the October 2013 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 48 SHERWOOD ROAD be worth now?

48 SHERWOOD ROAD might now be worth an estimated £402,263.

This is based on house price inflation of 60.9%, between October 2013 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 60.9% inflationary increase is applied to the most recent sale price for 48 SHERWOOD ROAD of £250,000 on 18th October 2013. For the value to have increased from £250,000 to £402,263 over the twelve years and eight months to February 2025, the following assumptions must hold true:

• The value of 48 SHERWOOD ROAD has moved in line with the HPI for detached houses in the Arun local authority area.
• The October 2013 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 48 SHERWOOD ROAD has not materially changed since October 2013.

How Large is 48 SHERWOOD ROAD?

48 SHERWOOD ROAD is 125m², which includes one extension, according to the EPC inspection conducted in October 2012. 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 48 SHERWOOD ROAD lies on this distribution: 61% of detached houses houses are smaller than 48 SHERWOOD ROAD, and 39% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

48 SHERWOOD ROAD: Plot and Title Map

48 SHERWOOD ROAD sits on a plot of roughly 0.095 of an acre, or 386m². The below map shows the location of 48 SHERWOOD 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 48 SHERWOOD 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 48 SHERWOOD ROAD?

48 SHERWOOD ROAD is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 48 on SHERWOOD ROAD.