GREENLANDS, PARK ROAD, BARNHAM, BOGNOR REGIS, PO22 0AQ - £425,000

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.

GREENLANDS is a very small extended detached house of 90m², built sometime between 1930 and 1949, which could now be worth an estimated £734,830. It was last sold for £425,000 in February 2013, which was around 28% above the average February 2013 detached price in the Arun local authority area. The most recent EPC inspection was May 2011, where the current energy rating was C, and the potential energy rating was C.

GREENLANDS Sold Prices

Land registry data shows two sales for GREENLANDS 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 GREENLANDS 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
2013 6 FEB	£425,000	£332,390	28% above HPI
2009 9 JUL	£200,000	£289,068	31% below HPI

GREENLANDS 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 GREENLANDS sales from July 2009 and February 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 July 2009 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the February 2013 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might GREENLANDS be worth now?

GREENLANDS might now be worth an estimated £734,830.

This is based on house price inflation of 72.9%, between February 2013 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 72.9% inflationary increase is applied to the most recent sale price for GREENLANDS of £425,000 on 6th February 2013. For the value to have increased from £425,000 to £734,830 over the twelve years to February 2025, the following assumptions must hold true:

• The value of GREENLANDS has moved in line with the HPI for detached houses in the Arun local authority area.
• The February 2013 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of GREENLANDS has not materially changed since February 2013.

How Large is GREENLANDS?

GREENLANDS is 90m², which includes one extension, according to the EPC inspection conducted in May 2011. This puts it in the smallest 20% of detached houses houses in Barnham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Barnham, and where GREENLANDS lies on this distribution: 13% of detached houses houses are smaller than GREENLANDS, and 87% of houses are larger. Note that EPC data is not available for all properties in Barnham.

GREENLANDS: Plot and Title Map

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

GREENLANDS is located on PARK ROAD in BARNHAM, in the PO22 postcode district. The below map shows the position of GREENLANDS on PARK ROAD.