RETREAT, ROSE AVENUE, BOGNOR REGIS, PO22 7TG - £357,000

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.

RETREAT is a large detached house of 150m², built sometime between 1976 and 1982, which could now be worth an estimated £410,145. It was last sold for £357,000 in November 2020, which was around 29% below the average November 2020 detached price in the Arun local authority area. The most recent EPC inspection was May 2017, where the current energy rating was C, and the potential energy rating was C.

RETREAT Sold Prices

Land registry data shows two sales for RETREAT 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 RETREAT 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 26 NOV	£357,000	£500,238	29% below HPI
2002 3 SEP	£174,000	£242,792	28% below HPI

RETREAT 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 RETREAT sales from September 2002 and November 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 September 2002 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the November 2020 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might RETREAT be worth now?

RETREAT might now be worth an estimated £410,145.

This is based on house price inflation of 14.9%, between November 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 14.9% inflationary increase is applied to the most recent sale price for RETREAT of £357,000 on 26th November 2020. For the value to have increased from £357,000 to £410,145 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of RETREAT has moved in line with the HPI for detached houses in the Arun local authority area.
• The November 2020 sale price of £357,000 represented a fair market value for the property.
• The size, condition, and specification of RETREAT has not materially changed since November 2020.

How Large is RETREAT?

RETREAT is 150m² according to the EPC inspection conducted in May 2017. This puts it in the largest 30% 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 RETREAT lies on this distribution: 77% of detached houses houses are smaller than RETREAT, and 22% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

RETREAT: Plot and Title Map

RETREAT sits on a plot of roughly 0.090 of an acre, or 363m². The below map shows the location of RETREAT, 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 RETREAT). 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 RETREAT?

RETREAT is located on ROSE AVENUE in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of RETREAT on ROSE AVENUE.