5A, THE GROVE, BOGNOR REGIS, PO22 7EY - £123,000

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

5A THE GROVE is a large extended detached house of 140m², built sometime between 1967 and 1975. It was last sold for £123,000 in May 1997, which was around 16% above the average May 1997 detached price in the Arun local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was C.

5A THE GROVE Sold Prices

Land registry data shows two sales for 5A THE GROVE 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. One of the two 5A THE GROVE sales was for above the average price, whilst the other was 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
1997 28 MAY	£123,000	£106,097	16% above HPI
1997 30 JAN	£96,000	£102,907	7% below HPI

5A THE GROVE 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 5A THE GROVE sales from January 1997 and May 1997 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 January 1997 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the May 1997 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is 5A THE GROVE?

5A THE GROVE is 140m², which includes one extension, according to the EPC inspection conducted in August 2019. This puts it in the largest 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 5A THE GROVE lies on this distribution: 71% of detached houses are smaller than 5A THE GROVE, and 29% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

5A THE GROVE: Plot and Title Map

5A THE GROVE sits on a plot of roughly 0.191 of an acre, or 771m². The below map shows the location of 5A THE GROVE, 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 5A THE GROVE). 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 5A THE GROVE?

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