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

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.

7 PENNICOTT ROAD is a very large detached house of 157m², which could now be worth an estimated £497,845. It was last sold for £435,000 in December 2020, which was around 13% 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	£502,159	13% below HPI
2016 16 SEP	£422,000	£441,453	4% below HPI
2014 4 MAR	£364,950	£356,674	2% 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 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the December 2020 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 7 PENNICOTT ROAD be worth now?

7 PENNICOTT ROAD might now be worth an estimated £497,845.

This is based on house price inflation of 14.4%, between December 2020 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 14.4% inflationary increase is applied to the most recent sale price for 7 PENNICOTT ROAD of £435,000 on 10th December 2020. For the value to have increased from £435,000 to £497,845 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 7 PENNICOTT ROAD has moved in line with the HPI for detached houses in the Arun local authority area.
• The December 2020 sale price of £435,000 represented a fair market value for the property.
• The size, condition, and specification of 7 PENNICOTT ROAD has not materially changed since December 2020.

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 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 7 PENNICOTT ROAD lies on this distribution: 81% of detached houses 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.