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
THE MEWS COTTAGE is a very small extended detached house of 53m², built sometime between 1996 and 2002. It was last sold for £160,000 in December 2011, which was around 49% below the average December 2011 detached price in the Arun local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for THE MEWS COTTAGE since 1st 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 THE MEWS COTTAGE 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 |
---|---|---|---|
2011 15 DEC | £160,000 | £312,686 | 49% below HPI |
2004 26 AUG | £135,000 | £287,622 | 53% below HPI |
The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The two THE MEWS COTTAGE sales from August 2004 and December 2011 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 August 2004 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the December 2011 sale, where it rises to 49% below the HPI. The line then continues to track at 49% below the HPI.
THE MEWS COTTAGE is 53m², which includes two extensions, according to the EPC inspection conducted in June 2011. 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 THE MEWS COTTAGE lies on this distribution: 1% of detached houses are smaller than THE MEWS COTTAGE, and 99% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.
THE MEWS COTTAGE sits on a plot of roughly 0.028 of an acre, or 114m². The below map shows the location of THE MEWS 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 THE MEWS 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.
THE MEWS COTTAGE is located on STOCKER ROAD in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of THE MEWS COTTAGE on STOCKER ROAD.