5, WARWICK PLACE, BOGNOR REGIS, PO22 7PX - £475,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

5 WARWICK PLACE is a very large extended detached house of 176m², built sometime between 1976 and 1982. It was last sold for £475,000 in March 2017, which was around 10% above the average March 2017 detached price in the Arun local authority area. The most recent EPC inspection was August 2012, where the current energy rating was C, and the potential energy rating was C.

5 WARWICK PLACE Sold Prices

Land registry data shows four sales for 5 WARWICK PLACE since 1^st 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. two of the four 5 WARWICK PLACE sales were for above the average price, and four 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
2017 15 MAR	£475,000	£431,391	10% above HPI
2015 2 OCT	£380,000	£394,663	4% below HPI
2006 3 OCT	£290,000	£309,235	6% below HPI
2001 11 JUN	£195,000	£183,149	6% above HPI

5 WARWICK PLACE 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 four 5 WARWICK PLACE sales between June 2001 and March 2017 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 2015 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the March 2017 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 5 WARWICK PLACE?

5 WARWICK PLACE is 176m², which includes one extension, according to the EPC inspection conducted in August 2012. This puts it in the largest 20% 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 WARWICK PLACE lies on this distribution: 88% of detached houses are smaller than 5 WARWICK PLACE, and 12% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

5 WARWICK PLACE: Plot and Title Map

5 WARWICK PLACE sits on a plot of roughly 0.111 of an acre, or 448m². The below map shows the location of 5 WARWICK PLACE, 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 WARWICK PLACE). 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 WARWICK PLACE?

5 WARWICK PLACE is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 5 on WARWICK PLACE.