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

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

RETREAT is a large detached house of 150m², built sometime between 1976 and 1982. It was last sold for £357,000 in November 2020, which was around 26% 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	£482,191	26% below HPI
2002 3 SEP	£174,000	£234,032	26% 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 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the November 2020 sale, which was also at 26% below the HPI.

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 in Bognor Regis, based on EPC data. The below chart shows the distribution of detached houses by size in Bognor Regis, and where RETREAT lies on this distribution: 78% of detached 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.