9, HEDGEWAY, BOGNOR REGIS, PO22 7QY - £230,000

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

9 HEDGEWAY is a very small extended detached house of 78m², built sometime between 1950 and 1966. It was last sold for £230,000 in June 2013, which was around 30% below the average June 2013 detached price in the Arun local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was C.

9 HEDGEWAY Sold Prices

Land registry data shows two sales for 9 HEDGEWAY 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 9 HEDGEWAY 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
2013 28 JUN	£230,000	£330,763	30% below HPI
2009 22 MAY	£180,000	£272,928	34% below HPI

9 HEDGEWAY 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 9 HEDGEWAY sales from May 2009 and June 2013 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 2009 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the June 2013 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 9 HEDGEWAY?

9 HEDGEWAY is 78m², which includes one extension, according to the EPC inspection conducted in January 2013. This puts it in the smallest 20% 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 9 HEDGEWAY lies on this distribution: 15% of detached houses are smaller than 9 HEDGEWAY, and 84% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

9 HEDGEWAY: Plot and Title Map

9 HEDGEWAY sits on a plot of roughly 0.091 of an acre, or 367m². The below map shows the location of 9 HEDGEWAY, 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 9 HEDGEWAY). 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 9 HEDGEWAY?

9 HEDGEWAY is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 9 on HEDGEWAY.