ROSE COTTAGE, SHRIPNEY ROAD, BOGNOR REGIS, PO22 9LN - £372,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

ROSE COTTAGE is a large extended detached house of 140m², built sometime before 1900. It was last sold for £372,000 in February 2023, which was around 34% below the average February 2023 detached price in the Arun local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was B.

ROSE COTTAGE Sold Prices

Land registry data shows three sales for ROSE COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Arun local authority area for the corresponding sale date. Two of the three ROSE COTTAGE sales were for below the average price, whilst one was 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
2023 24 FEB	£372,000	£563,994	34% below HPI
2013 22 MAR	£325,000	£322,750	1% above HPI
2005 29 JUN	£172,000	£282,191	39% below HPI

ROSE COTTAGE 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 three ROSE COTTAGE sales between June 2005 and February 2023 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 March 2013 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the February 2023 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is ROSE COTTAGE?

ROSE COTTAGE is 140m², which includes one extension, according to the EPC inspection conducted in July 2022. 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 ROSE COTTAGE lies on this distribution: 71% of detached houses are smaller than ROSE COTTAGE, and 29% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

ROSE COTTAGE: Plot and Title Map

ROSE COTTAGE sits on a plot of roughly 0.138 of an acre, or 560m². The below map shows the location of ROSE COTTAGE, 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 ROSE COTTAGE). 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 ROSE COTTAGE?

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