8, WEDGWOOD ROAD, BOGNOR REGIS, PO22 7JF - £525,000

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.

8 WEDGWOOD ROAD is a large extended detached house of 145m², built sometime between 1900 and 1929, which could now be worth an estimated £653,785. It was last sold for £525,000 in September 2017, which was around 14% above the average September 2017 detached price in the Arun local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was C.

8 WEDGWOOD ROAD Sold Prices

Land registry data shows two sales for 8 WEDGWOOD ROAD 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. One of the two 8 WEDGWOOD ROAD sales was for above the average price, whilst the other was 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
2017 1 SEP	£525,000	£461,498	14% above HPI
1995 2 JUN	£79,500	£99,820	20% below HPI

8 WEDGWOOD 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 two 8 WEDGWOOD ROAD sales from June 1995 and September 2017 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 1995 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the September 2017 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 8 WEDGWOOD ROAD be worth now?

8 WEDGWOOD ROAD might now be worth an estimated £653,785.

This is based on house price inflation of 24.5%, between September 2017 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 24.5% inflationary increase is applied to the most recent sale price for 8 WEDGWOOD ROAD of £525,000 on 1st September 2017. For the value to have increased from £525,000 to £653,785 over the eight years and seven months to February 2025, the following assumptions must hold true:

• The value of 8 WEDGWOOD ROAD has moved in line with the HPI for detached houses in the Arun local authority area.
• The September 2017 sale price of £525,000 represented a fair market value for the property.
• The size, condition, and specification of 8 WEDGWOOD ROAD has not materially changed since September 2017.

How Large is 8 WEDGWOOD ROAD?

8 WEDGWOOD ROAD is 145m², which includes one extension, according to the EPC inspection conducted in November 2016. This puts it in the largest 30% 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 8 WEDGWOOD ROAD lies on this distribution: 74% of detached houses houses are smaller than 8 WEDGWOOD ROAD, and 26% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

8 WEDGWOOD ROAD: Plot and Title Map

8 WEDGWOOD ROAD sits on a plot of roughly 0.122 of an acre, or 495m². The below map shows the location of 8 WEDGWOOD 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 WEDGWOOD 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 8 WEDGWOOD ROAD?

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