IVANHOE, SHRIPNEY ROAD, BOGNOR REGIS, PO22 9NJ - £430,000

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.

IVANHOE is a very large detached house of 199m², built sometime between 1967 and 1975, which could now be worth an estimated £523,740. It was last sold for £430,000 in March 2020, which was around 9% below the average March 2020 detached price in the Arun local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was B.

IVANHOE Sold Prices

Land registry data shows two sales for IVANHOE 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 IVANHOE 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
2020 25 MAR	£430,000	£471,844	9% below HPI
2010 11 MAY	£208,000	£330,961	37% below HPI

IVANHOE 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 IVANHOE sales from May 2010 and March 2020 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 2010 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the March 2020 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might IVANHOE be worth now?

IVANHOE might now be worth an estimated £523,740.

This is based on house price inflation of 21.8%, between March 2020 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 21.8% inflationary increase is applied to the most recent sale price for IVANHOE of £430,000 on 25th March 2020. For the value to have increased from £430,000 to £523,740 over the five years and one month to February 2025, the following assumptions must hold true:

• The value of IVANHOE has moved in line with the HPI for detached houses in the Arun local authority area.
• The March 2020 sale price of £430,000 represented a fair market value for the property.
• The size, condition, and specification of IVANHOE has not materially changed since March 2020.

How Large is IVANHOE?

IVANHOE is 199m² according to the EPC inspection conducted in July 2012. This puts it in the largest 10% 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 IVANHOE lies on this distribution: 93% of detached houses houses are smaller than IVANHOE, and 7% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

IVANHOE: Plot and Title Map

IVANHOE sits on a plot of roughly 0.130 of an acre, or 526m². The below map shows the location of IVANHOE, 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 IVANHOE). 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 IVANHOE?

IVANHOE is located on SHRIPNEY ROAD in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of IVANHOE on SHRIPNEY ROAD.