5, THE MEWS, BOGNOR REGIS, PO21 1XL - £173,000

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

5 THE MEWS is a small detached house of 87m², built sometime between 1983 and 1990. It was last sold for £173,000 in December 2013, which was around 49% below the average December 2013 detached price in the Arun local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was B.

5 THE MEWS Sold Prices

Land registry data shows two sales for 5 THE MEWS 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 5 THE MEWS 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 20 DEC	£173,000	£339,636	49% below HPI
1996 7 MAY	£64,500	£96,408	33% below HPI

5 THE MEWS 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 5 THE MEWS sales from May 1996 and December 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 May 1996 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the December 2013 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 5 THE MEWS?

5 THE MEWS is 87m² according to the EPC inspection conducted in July 2013. This puts it in the smallest 30% 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 THE MEWS lies on this distribution: 25% of detached houses are smaller than 5 THE MEWS, and 74% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

5 THE MEWS: Plot and Title Map

5 THE MEWS sits on a plot of roughly 0.036 of an acre, or 144m². The below map shows the location of 5 THE MEWS, 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 THE MEWS). 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 5 THE MEWS?

5 THE MEWS is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 5 on THE MEWS.