ST MARYS, 2, THIRD AVENUE, BOGNOR REGIS, PO22 7LN - £1,400,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

ST MARYS is a very large extended detached house of 252m², built sometime between 1930 and 1949. It was last sold for £1,400,000 in April 2023, which was around 150% above the average April 2023 detached price in the Arun local authority area. The most recent EPC inspection was October 2016, where the current energy rating was C, and the potential energy rating was C.

ST MARYS Sold Prices

Land registry data shows three sales for ST MARYS 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 ST MARYS sales were 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 12 APR	£1,400,000	£559,271	150% above HPI
2017 17 NOV	£830,000	£448,842	85% above HPI
1995 11 APR	£135,000	£91,686	47% above HPI

ST MARYS 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 ST MARYS sales between April 1995 and April 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 November 2017 sale was for 85% above the HPI. So the extrapolation line tracks at 85% above the HPI over time, until the April 2023 sale, where it rises to 150% above the HPI. The line then continues to track at 150% above the HPI.

How Large is ST MARYS?

ST MARYS is 252m², which includes two extensions, according to the EPC inspection conducted in October 2016. This puts it in the largest 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 ST MARYS lies on this distribution: 98% of detached houses are smaller than ST MARYS, and 2% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

ST MARYS: Plot and Title Map

ST MARYS sits on a plot of roughly 0.214 of an acre, or 866m². The below map shows the location of ST MARYS, 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 ST MARYS). 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 ST MARYS?

ST MARYS is located on THIRD AVENUE in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of ST MARYS on THIRD AVENUE.