7, PENNICOTT ROAD, BOGNOR REGIS, PO21 5AY - £435,000

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

7 PENNICOTT ROAD is a very large detached house of 157m². It was last sold for £435,000 in December 2020, which was around 10% below the average December 2020 detached price in the Arun local authority area. The most recent EPC inspection was January 2009, where the current energy rating was B, and the potential energy rating was B.

7 PENNICOTT ROAD Sold Prices

Land registry data shows three sales for 7 PENNICOTT ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Arun local authority area for the corresponding sale date. Two of the three 7 PENNICOTT ROAD sales were for below the average price, whilst one was for above 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 10 DEC	£435,000	£484,042	10% below HPI
2016 16 SEP	£422,000	£425,526	1% below HPI
2014 4 MAR	£364,950	£343,806	6% above HPI

7 PENNICOTT 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 three 7 PENNICOTT ROAD sales between March 2014 and December 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 September 2016 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the December 2020 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 7 PENNICOTT ROAD?

7 PENNICOTT ROAD is 157m² according to the EPC inspection conducted in January 2009. 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 7 PENNICOTT ROAD lies on this distribution: 81% of detached houses are smaller than 7 PENNICOTT ROAD, and 19% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

7 PENNICOTT ROAD: Plot and Title Map

7 PENNICOTT ROAD sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of 7 PENNICOTT 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 7 PENNICOTT 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 7 PENNICOTT ROAD?

7 PENNICOTT ROAD is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 7 on PENNICOTT ROAD.