54, ELMER ROAD, BOGNOR REGIS, PO22 6ET - £385,000

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

54 ELMER ROAD is a midsized extended detached house of 123m², built sometime between 1996 and 2002. It was last sold for £385,000 in September 2020, which was around 17% below the average September 2020 detached price in the Arun local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

54 ELMER ROAD Sold Prices

Land registry data shows five sales for 54 ELMER ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Arun local authority area for the corresponding sale date. All of the five 54 ELMER 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
2020 18 SEP	£385,000	£464,879	17% below HPI
2007 2 NOV	£275,000	£345,360	20% below HPI
1999 7 OCT	£79,950	£145,925	45% below HPI
1996 19 JAN	£47,000	£94,762	50% below HPI
1995 5 MAY	£42,000	£93,614	55% below HPI

54 ELMER 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 five 54 ELMER ROAD sales between May 1995 and September 2020 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 November 2007 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the September 2020 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 54 ELMER ROAD?

54 ELMER ROAD is 123m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the largest 50% 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 54 ELMER ROAD lies on this distribution: 59% of detached houses are smaller than 54 ELMER ROAD, and 40% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

54 ELMER ROAD: Plot and Title Map

54 ELMER ROAD sits on a plot of roughly 0.116 of an acre, or 471m². The below map shows the location of 54 ELMER 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 54 ELMER 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 54 ELMER ROAD?

54 ELMER ROAD is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 54 on ELMER ROAD.