1, SOMERTON GREEN, BOGNOR REGIS, PO22 8EZ - £460,000

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.

1 SOMERTON GREEN is a very large detached house of 179m², built sometime between 1950 and 1966, which could now be worth an estimated £496,198. It was last sold for £460,000 in June 2021, which was around 11% below the average June 2021 detached price in the Arun local authority area. The most recent EPC inspection was December 2015, where the current energy rating was D, and the potential energy rating was B.

1 SOMERTON GREEN Sold Prices

Land registry data shows three sales for 1 SOMERTON GREEN 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. All of the three 1 SOMERTON GREEN 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
2021 3 JUN	£460,000	£516,117	11% below HPI
2019 19 JUL	£425,000	£467,048	9% below HPI
2004 21 JAN	£212,000	£279,553	24% below HPI

1 SOMERTON GREEN 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 1 SOMERTON GREEN sales between January 2004 and June 2021 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 July 2019 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the June 2021 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 1 SOMERTON GREEN be worth now?

1 SOMERTON GREEN might now be worth an estimated £496,198.

This is based on house price inflation of 7.9%, between June 2021 and June 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 7.9% inflationary increase is applied to the most recent sale price for 1 SOMERTON GREEN of £460,000 on 3rd June 2021. For the value to have increased from £460,000 to £496,198 over the four years to June 2025, the following assumptions must hold true:

• The value of 1 SOMERTON GREEN has moved in line with the HPI for detached houses in the Arun local authority area.
• The June 2021 sale price of £460,000 represented a fair market value for the property.
• The size, condition, and specification of 1 SOMERTON GREEN has not materially changed since June 2021.

How Large is 1 SOMERTON GREEN?

1 SOMERTON GREEN is 179m² according to the EPC inspection conducted in December 2015. This puts it in the largest 20% 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 1 SOMERTON GREEN lies on this distribution: 88% of detached houses houses are smaller than 1 SOMERTON GREEN, and 12% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

1 SOMERTON GREEN: Plot and Title Map

1 SOMERTON GREEN sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 1 SOMERTON GREEN, 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 1 SOMERTON GREEN). 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 1 SOMERTON GREEN?

1 SOMERTON GREEN is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 1 on SOMERTON GREEN.