WALNUT TREE COTTAGE, SHRIPNEY LANE, BOGNOR REGIS, PO22 9NR - £950,000

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

WALNUT TREE COTTAGE is a large extended detached house of 195m², built sometime before 1900. It was last sold for £950,000 in October 2023, which was around 73% above the average October 2023 detached price in the Arun local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

WALNUT TREE COTTAGE Sold Prices

Land registry data shows two sales for WALNUT TREE COTTAGE since 1^st 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 WALNUT TREE COTTAGE 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 OCT	£950,000	£547,607	73% above HPI
2010 21 SEP	£544,000	£325,182	67% above HPI

WALNUT TREE COTTAGE 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 two WALNUT TREE COTTAGE sales from September 2010 and October 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 September 2010 sale was for 67% above the HPI. So the extrapolation line tracks at 67% above the HPI over time, until the October 2023 sale, where it rises to 73% above the HPI. The line then continues to track at 73% above the HPI.

How Large is WALNUT TREE COTTAGE?

WALNUT TREE COTTAGE is 195m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the largest 30% of detached houses in Shripney, based on EPC data. The below chart shows the distribution of detached houses by size in Shripney, and where WALNUT TREE COTTAGE lies on this distribution: 70% of detached houses are smaller than WALNUT TREE COTTAGE, and 26% of houses are larger. Note that EPC data is not available for all properties in Shripney.

WALNUT TREE COTTAGE: Plot and Title Map

WALNUT TREE COTTAGE sits on a plot of roughly 0.490 of an acre, or 1,982m². The below map shows the location of WALNUT TREE 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 WALNUT TREE 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.

Where is WALNUT TREE COTTAGE?

WALNUT TREE COTTAGE is located on SHRIPNEY LANE in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of WALNUT TREE COTTAGE on SHRIPNEY LANE.