8, NYEWOOD PLACE, BOGNOR REGIS, PO21 2SH - £70,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

8 NYEWOOD PLACE is a very small detached house of 63m², built sometime between 1976 and 1982. It was last sold for £70,000 in February 2001, which was around 60% below the average February 2001 detached price in the Arun local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

8 NYEWOOD PLACE Sold Prices

Land registry data shows two sales for 8 NYEWOOD PLACE 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 8 NYEWOOD PLACE 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
2001 16 FEB	£70,000	£175,861	60% below HPI
1997 20 JUN	£45,000	£106,826	58% below HPI

8 NYEWOOD PLACE 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 8 NYEWOOD PLACE sales from June 1997 and February 2001 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 June 1997 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the February 2001 sale, where it falls to 60% below the HPI. The line then continues to track at 60% below the HPI.

How Large is 8 NYEWOOD PLACE?

8 NYEWOOD PLACE is 63m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 10% 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 NYEWOOD PLACE lies on this distribution: 4% of detached houses are smaller than 8 NYEWOOD PLACE, and 96% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

8 NYEWOOD PLACE: Plot and Title Map

8 NYEWOOD PLACE sits on a plot of roughly 0.026 of an acre, or 104m². The below map shows the location of 8 NYEWOOD PLACE, 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 NYEWOOD PLACE). 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 8 NYEWOOD PLACE?

8 NYEWOOD PLACE is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 8 on NYEWOOD PLACE.