SEA CROFT, HAVELOCK CLOSE, BOGNOR REGIS, PO22 7AY - £192,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

SEA CROFT is a very small detached house of 53m², built sometime between 1930 and 1949, which could now be worth an estimated £273,901. It was last sold for £192,000 in July 2015, which was around 52% below the average July 2015 detached price in the Arun local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

SEA CROFT Sold Prices

Land registry data shows three sales for SEA CROFT 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. All of the three SEA CROFT 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
2015 10 JUL	£192,000	£402,859	52% below HPI
2006 29 MAR	£173,750	£298,570	42% below HPI
1996 6 DEC	£54,000	£106,265	49% below HPI

SEA CROFT 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 SEA CROFT sales between December 1996 and July 2015 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 2006 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the July 2015 sale, where it falls to 52% below the HPI. The line then continues to track at 52% below the HPI.

What might SEA CROFT be worth now?

SEA CROFT might now be worth an estimated £273,901.

This is based on house price inflation of 42.7%, between July 2015 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 42.7% inflationary increase is applied to the most recent sale price for SEA CROFT of £192,000 on 10th July 2015. For the value to have increased from £192,000 to £273,901 over the ten years and five months to February 2025, the following assumptions must hold true:

• The value of SEA CROFT has moved in line with the HPI for detached houses in the Arun local authority area.
• The July 2015 sale price of £192,000 represented a fair market value for the property.
• The size, condition, and specification of SEA CROFT has not materially changed since July 2015.

How Large is SEA CROFT?

SEA CROFT is 53m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 10% 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 SEA CROFT lies on this distribution: 1% of detached houses houses are smaller than SEA CROFT, and 99% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

SEA CROFT: Plot and Title Map

SEA CROFT sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of SEA CROFT, 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 SEA CROFT). 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 SEA CROFT?

SEA CROFT is located on HAVELOCK CLOSE in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of SEA CROFT on HAVELOCK CLOSE.