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

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

SEA CROFT is a very small detached house of 53m², built sometime between 1930 and 1949. It was last sold for £192,000 in July 2015, which was around 51% 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	£388,324	51% below HPI
2006 29 MAR	£173,750	£287,798	40% below HPI
1996 6 DEC	£54,000	£102,432	47% 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 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the July 2015 sale, where it falls to 51% below the HPI. The line then continues to track at 51% below the HPI.

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 in Bognor Regis, based on EPC data. The below chart shows the distribution of detached houses by size in Bognor Regis, and where SEA CROFT lies on this distribution: 1% of detached 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.