WHEEL COTTAGE, 31, FELPHAM ROAD, BOGNOR REGIS, PO22 7DA - £415,000

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.

WHEEL COTTAGE is a midsized extended detached house of 115m², built sometime between 1900 and 1929, which could now be worth an estimated £565,442. It was last sold for £415,000 in February 2016, which was around 2% below the average February 2016 detached price in the Arun local authority area. The most recent EPC inspection was July 2010, where the current energy rating was F, and the potential energy rating was E.

WHEEL COTTAGE Sold Prices

Land registry data shows two sales for WHEEL 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. One of the two WHEEL COTTAGE sales was for below the average price, whilst the other was 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
2016 23 FEB	£415,000	£421,799	2% below HPI
2007 26 OCT	£365,000	£356,676	2% above HPI

WHEEL 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 WHEEL COTTAGE sales from October 2007 and February 2016 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 October 2007 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the February 2016 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might WHEEL COTTAGE be worth now?

WHEEL COTTAGE might now be worth an estimated £565,442.

This is based on house price inflation of 36.3%, between February 2016 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 36.3% inflationary increase is applied to the most recent sale price for WHEEL COTTAGE of £415,000 on 23rd February 2016. For the value to have increased from £415,000 to £565,442 over the nine years to February 2025, the following assumptions must hold true:

• The value of WHEEL COTTAGE has moved in line with the HPI for detached houses in the Arun local authority area.
• The February 2016 sale price of £415,000 represented a fair market value for the property.
• The size, condition, and specification of WHEEL COTTAGE has not materially changed since February 2016.

How Large is WHEEL COTTAGE?

WHEEL COTTAGE is 115m², which includes one extension, according to the EPC inspection conducted in July 2010. This puts it in the largest 50% of detached houses houses in Bognor Regis, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bognor Regis, and where WHEEL COTTAGE lies on this distribution: 53% of detached houses houses are smaller than WHEEL COTTAGE, and 47% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

WHEEL COTTAGE: Plot and Title Map

WHEEL COTTAGE sits on a plot of roughly 0.125 of an acre, or 507m². The below map shows the location of WHEEL 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 WHEEL 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 WHEEL COTTAGE?

WHEEL COTTAGE is located on FELPHAM ROAD in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of WHEEL COTTAGE on FELPHAM ROAD.