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

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

48 SHERWOOD ROAD is a large extended detached house of 125m², built sometime between 1967 and 1975. It was last sold for £250,000 in October 2013, which was around 27% 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	£344,285	27% below HPI
2006 18 AUG	£280,000	£300,465	7% 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 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the October 2013 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

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 in Bognor Regis, based on EPC data. The below chart shows the distribution of detached houses by size in Bognor Regis, and where 48 SHERWOOD ROAD lies on this distribution: 61% of detached 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.