KARIBU, SHRIPNEY ROAD, BOGNOR REGIS, PO22 9NZ - £750,000

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

KARIBU is a large extended detached house of 195m², built sometime between 1900 and 1929. It was last sold for £750,000 in September 2022, which was around 33% above the average September 2022 detached price in the Arun local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was C.

KARIBU Sold Prices

Land registry data shows four sales for KARIBU 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. All of the four KARIBU 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
2022 12 SEP	£750,000	£565,676	33% above HPI
2008 23 OCT	£370,000	£312,143	19% above HPI
2004 1 NOV	£333,500	£288,556	16% above HPI
2000 26 JAN	£162,500	£152,246	7% above HPI

KARIBU 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 KARIBU sales between January 2000 and September 2022 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 October 2008 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the September 2022 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

How Large is KARIBU?

KARIBU is 195m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the largest 30% of detached houses in Shripney, based on EPC data. The below chart shows the distribution of detached houses by size in Shripney, and where KARIBU lies on this distribution: 70% of detached houses are smaller than KARIBU, and 26% of houses are larger. Note that EPC data is not available for all properties in Shripney.

KARIBU: Plot and Title Map

KARIBU sits on a plot of roughly 0.222 of an acre, or 900m². The below map shows the location of KARIBU, 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 KARIBU). 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 KARIBU?

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