3, FLANSHAM MEWS, BOGNOR REGIS, PO22 6BA - £425,000

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.

3 FLANSHAM MEWS is a very small detached house of 63m², built sometime between 1996 and 2002, which could now be worth an estimated £458,444. It was last sold for £425,000 in June 2021, which was around 18% below the average June 2021 detached price in the Arun local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was C.

3 FLANSHAM MEWS Sold Prices

Land registry data shows three sales for 3 FLANSHAM MEWS 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 3 FLANSHAM MEWS 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 25 JUN	£425,000	£516,117	18% below HPI
2010 1 OCT	£299,950	£333,642	10% below HPI
2001 27 APR	£169,995	£186,969	9% below HPI

3 FLANSHAM MEWS 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 3 FLANSHAM MEWS sales between April 2001 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 October 2010 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the June 2021 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 3 FLANSHAM MEWS be worth now?

3 FLANSHAM MEWS might now be worth an estimated £458,444.

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 3 FLANSHAM MEWS of £425,000 on 25th June 2021. For the value to have increased from £425,000 to £458,444 over the four years to June 2025, the following assumptions must hold true:

• The value of 3 FLANSHAM MEWS has moved in line with the HPI for detached houses in the Arun local authority area.
• The June 2021 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 3 FLANSHAM MEWS has not materially changed since June 2021.

How Large is 3 FLANSHAM MEWS?

3 FLANSHAM MEWS is 63m² according to the EPC inspection conducted in July 2010. This puts it in the smallest 10% 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 3 FLANSHAM MEWS lies on this distribution: 4% of detached houses houses are smaller than 3 FLANSHAM MEWS, and 96% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

3 FLANSHAM MEWS: Plot and Title Map

3 FLANSHAM MEWS sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 3 FLANSHAM MEWS, 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 3 FLANSHAM MEWS). 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 3 FLANSHAM MEWS?

3 FLANSHAM MEWS is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 3 on FLANSHAM MEWS.