THORNCROFT, THORNDENE AVENUE, BOGNOR REGIS, PO21 2TP - £327,500

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

THORNCROFT is a large extended detached house of 124m², built sometime between 1930 and 1949. It was last sold for £327,500 in July 2014, which was around 8% below the average July 2014 detached price in the Arun local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was C.

THORNCROFT Sold Prices

Land registry data shows four sales for THORNCROFT since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Arun local authority area for the corresponding sale date. All of the four THORNCROFT 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
2014 25 JUL	£327,500	£356,606	8% below HPI
2012 30 JAN	£290,000	£314,369	8% below HPI
2008 10 JAN	£301,000	£344,869	13% below HPI
2001 31 JAN	£146,000	£176,126	17% below HPI

THORNCROFT 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 four THORNCROFT sales between January 2001 and July 2014 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 January 2012 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the July 2014 sale, which was also at 8% below the HPI.

How Large is THORNCROFT?

THORNCROFT is 124m², which includes one extension, according to the EPC inspection conducted in October 2013. This puts it in the largest 40% 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 THORNCROFT lies on this distribution: 60% of detached houses are smaller than THORNCROFT, and 39% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

THORNCROFT: Plot and Title Map

THORNCROFT sits on a plot of roughly 0.123 of an acre, or 496m². The below map shows the location of THORNCROFT, 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 THORNCROFT). 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 THORNCROFT?

THORNCROFT is located on THORNDENE AVENUE in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of THORNCROFT on THORNDENE AVENUE.