2, NYE COTTAGES, SHRIPNEY LANE, BOGNOR REGIS, PO22 9NU - £404,000

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.

2 NYE COTTAGES is a very small semi-detached house of 104m², built sometime between 1930 and 1949, which could now be worth an estimated £509,082. It was last sold for £404,000 in June 2019, which was around 37% above the average June 2019 semi-detached price in the Arun local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was C.

2 NYE COTTAGES Sold Prices

Land registry data shows three sales for 2 NYE COTTAGES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Arun local authority area for the corresponding sale date. All of the three 2 NYE COTTAGES 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
2019 14 JUN	£404,000	£295,487	37% above HPI
2018 14 FEB	£367,000	£293,195	25% above HPI
2001 31 AUG	£160,000	£119,280	34% above HPI

2 NYE COTTAGES Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Arun local authority area over time, sourced from the HPI. The three 2 NYE COTTAGES sales between August 2001 and June 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 February 2018 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the June 2019 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might 2 NYE COTTAGES be worth now?

2 NYE COTTAGES might now be worth an estimated £509,082.

This is based on house price inflation of 26%, between June 2019 and August 2025, for semi-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 26% inflationary increase is applied to the most recent sale price for 2 NYE COTTAGES of £404,000 on 14th June 2019. For the value to have increased from £404,000 to £509,082 over the five years and ten months to August 2025, the following assumptions must hold true:

• The value of 2 NYE COTTAGES has moved in line with the HPI for semi-detached houses in the Arun local authority area.
• The June 2019 sale price of £404,000 represented a fair market value for the property.
• The size, condition, and specification of 2 NYE COTTAGES has not materially changed since June 2019.

How Large is 2 NYE COTTAGES?

2 NYE COTTAGES is 104m² according to the EPC inspection conducted in August 2017. This puts it in the smallest 10% of semi-detached houses houses in Shripney, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Shripney, and where 2 NYE COTTAGES lies on this distribution: 7% of semi-detached houses houses are smaller than 2 NYE COTTAGES, and 93% of houses are larger. Note that EPC data is not available for all properties in Shripney.

2 NYE COTTAGES: Plot and Title Map

2 NYE COTTAGES sits on a plot of roughly 0.268 of an acre, or 1,085m². The below map shows the location of 2 NYE COTTAGES, 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 2 NYE COTTAGES). 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 2 NYE COTTAGES?

2 NYE COTTAGES is located on SHRIPNEY LANE in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of 2 NYE COTTAGES on SHRIPNEY LANE.