NORTH LODGE, ALDWICK STREET, BOGNOR REGIS, PO21 3AW - £550,000

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

NORTH LODGE is a very small extended detached house of 67m², built sometime between 1900 and 1929. It was last sold for £550,000 in April 2024, which was around 2% above the average April 2024 detached price in the Arun local authority area. The most recent EPC inspection was June 2010, where the current energy rating was F, and the potential energy rating was E.

NORTH LODGE Sold Prices

Land registry data shows four sales for NORTH LODGE 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 NORTH LODGE 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
2024 26 APR	£550,000	£540,992	2% above HPI
2021 11 MAY	£525,000	£490,412	7% above HPI
2011 12 DEC	£330,000	£312,686	6% above HPI
1996 11 OCT	£87,500	£100,623	13% below HPI

NORTH LODGE 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 NORTH LODGE sales between October 1996 and April 2024 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 2021 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the April 2024 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is NORTH LODGE?

NORTH LODGE is 67m², which includes one extension, according to the EPC inspection conducted in June 2010. This puts it in the smallest 10% 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 NORTH LODGE lies on this distribution: 7% of detached houses are smaller than NORTH LODGE, and 93% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

NORTH LODGE: Plot and Title Map

NORTH LODGE sits on a plot of roughly 0.133 of an acre, or 539m². The below map shows the location of NORTH LODGE, 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 NORTH LODGE). 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 NORTH LODGE?

NORTH LODGE is located on ALDWICK STREET in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of NORTH LODGE on ALDWICK STREET.