8, OLD POINT, BOGNOR REGIS, PO22 7RY - £1,400,000

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 OLD POINT is a very large extended detached house of 261m², built sometime between 1900 and 1929. It was last sold for £1,400,000 in June 2023, which was around 157% above the average June 2023 detached price in the Arun local authority area. The most recent EPC inspection was August 2015, where the current energy rating was B, and the potential energy rating was B.

8 OLD POINT Sold Prices

Land registry data shows three sales for 8 OLD POINT 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. All of the three 8 OLD POINT sales were 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
2023 9 JUN	£1,400,000	£544,843	157% above HPI
2001 21 MAR	£475,000	£178,950	165% above HPI
1996 15 MAR	£265,000	£95,043	179% above HPI

8 OLD POINT 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 8 OLD POINT sales between March 1996 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 March 2001 sale was for 165% above the HPI. So the extrapolation line tracks at 165% above the HPI over time, until the June 2023 sale, where it falls to 157% above the HPI. The line then continues to track at 157% above the HPI.

How Large is 8 OLD POINT?

8 OLD POINT is 261m², which includes one extension, according to the EPC inspection conducted in August 2015. This puts it in the largest 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 OLD POINT lies on this distribution: 98% of detached houses are smaller than 8 OLD POINT, and 2% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

8 OLD POINT: Plot and Title Map

8 OLD POINT sits on a plot of roughly 0.457 of an acre, or 1,847m². The below map shows the location of 8 OLD POINT, 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 OLD POINT). 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 OLD POINT?

8 OLD POINT is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 8 on OLD POINT.