6, THE GROVE, BOGNOR REGIS, PO22 7EX - £237,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

6 THE GROVE is a small extended detached house of 97m², built sometime between 1930 and 1949, which could now be worth an estimated £273,015. It was last sold for £237,500 in March 2021, which was around 52% below the average March 2021 detached price in the Arun local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was B.

6 THE GROVE Sold Prices

Land registry data shows two sales for 6 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. Both of the two 6 THE GROVE 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
2021 17 MAR	£237,500	£499,946	52% below HPI
2012 24 AUG	£315,000	£338,701	7% below HPI

6 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 6 THE GROVE sales from August 2012 and March 2021 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 August 2012 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the March 2021 sale, where it falls to 52% below the HPI. The line then continues to track at 52% below the HPI.

What might 6 THE GROVE be worth now?

6 THE GROVE might now be worth an estimated £273,015.

This is based on house price inflation of 15%, between March 2021 and February 2025, for detached houses, in the Arun local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15% inflationary increase is applied to the most recent sale price for 6 THE GROVE of £237,500 on 17th March 2021. For the value to have increased from £237,500 to £273,015 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 6 THE GROVE has moved in line with the HPI for detached houses in the Arun local authority area.
• The March 2021 sale price of £237,500 represented a fair market value for the property.
• The size, condition, and specification of 6 THE GROVE has not materially changed since March 2021.

How Large is 6 THE GROVE?

6 THE GROVE is 97m², which includes one extension, according to the EPC inspection conducted in June 2012. This puts it in the smallest 40% of detached houses houses in Bognor Regis, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bognor Regis, and where 6 THE GROVE lies on this distribution: 35% of detached houses houses are smaller than 6 THE GROVE, and 64% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

6 THE GROVE: Plot and Title Map

6 THE GROVE sits on a plot of roughly 0.182 of an acre, or 735m². The below map shows the location of 6 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 6 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 6 THE GROVE?

6 THE GROVE is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 6 on THE GROVE.