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 WAVERLEY ROAD is a very large extended detached house of 202m², built sometime between 1900 and 1929. It was last sold for £315,500 in March 2018, which was around 30% below the average March 2018 detached price in the Arun local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 8 WAVERLEY ROAD since 1st 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 WAVERLEY ROAD 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 |
---|---|---|---|
2018 16 MAR | £315,500 | £448,033 | 30% below HPI |
2007 26 JAN | £235,000 | £309,031 | 24% below HPI |
The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The two 8 WAVERLEY ROAD sales from January 2007 and March 2018 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 January 2007 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the March 2018 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.
8 WAVERLEY ROAD is 202m², which includes one extension, according to the EPC inspection conducted in May 2017. 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 WAVERLEY ROAD lies on this distribution: 93% of detached houses are smaller than 8 WAVERLEY ROAD, and 7% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.
8 WAVERLEY ROAD sits on a plot of roughly 0.088 of an acre, or 358m². The below map shows the location of 8 WAVERLEY 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 8 WAVERLEY 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.
8 WAVERLEY ROAD is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 8 on WAVERLEY ROAD.