GOLDCREST, BABSHAM LANE, BOGNOR REGIS, PO21 5EL - £600,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

GOLDCREST is a very large detached house of 185m², built sometime between 1967 and 1975, which could now be worth an estimated £686,261. It was last sold for £600,000 in April 2021, which was around 19% above the average April 2021 detached price in the Arun local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was D.

GOLDCREST Sold Prices

Land registry data shows four sales for GOLDCREST since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Arun local authority area for the corresponding sale date. Most of the four GOLDCREST 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
2021 16 APR	£600,000	£502,467	19% above HPI
2006 13 APR	£405,000	£299,490	35% above HPI
2000 7 APR	£195,000	£171,826	13% above HPI
1998 20 JUL	£127,000	£131,424	3% below HPI

GOLDCREST 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 four GOLDCREST sales between July 1998 and April 2021 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 April 2006 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the April 2021 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might GOLDCREST be worth now?

GOLDCREST might now be worth an estimated £686,261.

This is based on house price inflation of 14.4%, between April 2021 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 14.4% inflationary increase is applied to the most recent sale price for GOLDCREST of £600,000 on 16th April 2021. For the value to have increased from £600,000 to £686,261 over the four years and two months to February 2025, the following assumptions must hold true:

• The value of GOLDCREST has moved in line with the HPI for detached houses in the Arun local authority area.
• The April 2021 sale price of £600,000 represented a fair market value for the property.
• The size, condition, and specification of GOLDCREST has not materially changed since April 2021.

How Large is GOLDCREST?

GOLDCREST is 185m² according to the EPC inspection conducted in July 2020. This puts it in the largest 20% 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 GOLDCREST lies on this distribution: 90% of detached houses houses are smaller than GOLDCREST, and 10% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

GOLDCREST: Plot and Title Map

GOLDCREST sits on a plot of roughly 0.227 of an acre, or 919m². The below map shows the location of GOLDCREST, 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 GOLDCREST). 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 GOLDCREST?

GOLDCREST is located on BABSHAM LANE in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of GOLDCREST on BABSHAM LANE.