WATERFORD, LAKE LANE, BARNHAM, BOGNOR REGIS, PO22 0AD - £175,000

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.

WATERFORD is a large extended detached house of 157m², built sometime between 1930 and 1949, which could now be worth an estimated £313,535. It was last sold for £175,000 in June 2011, which was around 45% below the average June 2011 detached price in the Arun local authority area. The most recent EPC inspection was December 2016, where the current energy rating was C, and the potential energy rating was B.

WATERFORD Sold Prices

Land registry data shows two sales for WATERFORD 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 WATERFORD 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 3 JUN	£175,000	£320,773	45% below HPI
1997 3 JUN	£57,000	£110,825	49% below HPI

WATERFORD 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 WATERFORD sales from June 1997 and June 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 June 1997 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the June 2011 sale, where it rises to 45% below the HPI. The line then continues to track at 45% below the HPI.

What might WATERFORD be worth now?

WATERFORD might now be worth an estimated £313,535.

This is based on house price inflation of 79.2%, between June 2011 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 79.2% inflationary increase is applied to the most recent sale price for WATERFORD of £175,000 on 3rd June 2011. For the value to have increased from £175,000 to £313,535 over the fourteen years and four months to February 2025, the following assumptions must hold true:

• The value of WATERFORD has moved in line with the HPI for detached houses in the Arun local authority area.
• The June 2011 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of WATERFORD has not materially changed since June 2011.

How Large is WATERFORD?

WATERFORD is 157m², which includes one extension, according to the EPC inspection conducted in December 2016. This puts it in the largest 30% 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 WATERFORD lies on this distribution: 77% of detached houses houses are smaller than WATERFORD, and 23% of houses are larger. Note that EPC data is not available for all properties in Barnham.

WATERFORD: Plot and Title Map

WATERFORD sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of WATERFORD, 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 WATERFORD). 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 WATERFORD?

WATERFORD is located on LAKE LANE in BARNHAM, in the PO22 postcode district. The below map shows the position of WATERFORD on LAKE LANE.