VERONICAS, PARK ROAD, BARNHAM, BOGNOR REGIS, PO22 0AQ - £376,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

VERONICAS is a very small detached house of 86m², built sometime between 1950 and 1966, which could now be worth an estimated £453,657. It was last sold for £376,000 in October 2019, which was around 21% below the average October 2019 detached price in the Arun local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was B.

VERONICAS Sold Prices

Land registry data shows three sales for VERONICAS 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. The three VERONICAS sales were a mix of below the average price, and roughly equal to 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
2019 24 OCT	£376,000	£476,328	21% below HPI
2013 29 MAY	£277,500	£337,014	18% below HPI
1997 7 APR	£108,000	£108,264	Close to HPI

VERONICAS 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 VERONICAS sales between April 1997 and October 2019 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 May 2013 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the October 2019 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might VERONICAS be worth now?

VERONICAS might now be worth an estimated £453,657.

This is based on house price inflation of 20.7%, between October 2019 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 20.7% inflationary increase is applied to the most recent sale price for VERONICAS of £376,000 on 24th October 2019. For the value to have increased from £376,000 to £453,657 over the six years and eight months to February 2025, the following assumptions must hold true:

• The value of VERONICAS has moved in line with the HPI for detached houses in the Arun local authority area.
• The October 2019 sale price of £376,000 represented a fair market value for the property.
• The size, condition, and specification of VERONICAS has not materially changed since October 2019.

How Large is VERONICAS?

VERONICAS is 86m² according to the EPC inspection conducted in January 2013. This puts it in the smallest 20% of detached houses houses in Barnham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Barnham, and where VERONICAS lies on this distribution: 11% of detached houses houses are smaller than VERONICAS, and 88% of houses are larger. Note that EPC data is not available for all properties in Barnham.

VERONICAS: Plot and Title Map

VERONICAS sits on a plot of roughly 0.190 of an acre, or 767m². The below map shows the location of VERONICAS, 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 VERONICAS). 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 VERONICAS?

VERONICAS is located on PARK ROAD in BARNHAM, in the PO22 postcode district. The below map shows the position of VERONICAS on PARK ROAD.