Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
5 MORNINGTON CRESCENT is a very small detached house of 46m², built sometime between 1976 and 1982. It was last sold for £375,000 in February 2023, which was around 34% below the average February 2023 detached price in the Arun local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 5 MORNINGTON CRESCENT since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Arun local authority area for the corresponding sale date. All of the four 5 MORNINGTON 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 |
---|---|---|---|
2023 22 FEB | £375,000 | £563,994 | 34% below HPI |
2013 25 OCT | £232,500 | £344,285 | 32% below HPI |
2007 25 MAY | £236,000 | £322,926 | 27% below HPI |
2005 4 MAY | £180,000 | £281,537 | 36% below HPI |
The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The four 5 MORNINGTON CRESCENT sales between May 2005 and February 2023 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 October 2013 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the February 2023 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.
5 MORNINGTON CRESCENT is 46m² according to the EPC inspection conducted in June 2013. This puts it in the smallest 10% 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 5 MORNINGTON CRESCENT lies on this distribution: 1% of detached houses are smaller than 5 MORNINGTON CRESCENT, and 99% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.
5 MORNINGTON CRESCENT sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 5 MORNINGTON 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 5 MORNINGTON 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.
5 MORNINGTON CRESCENT is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 5 on MORNINGTON CRESCENT.