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
8 COURTLANDS WAY is a small extended semi-detached house of 92m², built sometime between 1950 and 1966. It was last sold for £400,000 in June 2023, which was around 27% below the average June 2023 detached price in the Arun local authority area. The most recent EPC inspection was October 2015, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows five sales for 8 COURTLANDS WAY since 1st 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 8 COURTLANDS WAY 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 |
---|---|---|---|
2023 30 JUN | £400,000 | £544,843 | 27% below HPI |
2016 26 MAY | £245,000 | £409,936 | 40% below HPI |
2007 4 JUN | £230,000 | £329,872 | 30% below HPI |
2003 24 FEB | £184,000 | £258,036 | 29% below HPI |
2001 20 DEC | £88,000 | £203,354 | 57% below HPI |
The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The five 8 COURTLANDS WAY sales between December 2001 and June 2023 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 May 2016 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the June 2023 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.
8 COURTLANDS WAY is 92m², which includes one extension, according to the EPC inspection conducted in October 2015. This puts it in the smallest 40% 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 8 COURTLANDS WAY lies on this distribution: 30% of detached houses are smaller than 8 COURTLANDS WAY, and 69% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.
8 COURTLANDS WAY sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 8 COURTLANDS WAY, 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 8 COURTLANDS WAY). 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.
8 COURTLANDS WAY is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 8 on COURTLANDS WAY.