3, THOMPSON ROAD, BOGNOR REGIS, PO22 7UG - £249,950

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 THOMPSON ROAD is a very small terraced house of 72m², built sometime between 1996 and 2002, which could now be worth an estimated £320,540. It was last sold for £249,950 in July 2016, which was around 16% above the average July 2016 terraced price in the Arun local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was B.

3 THOMPSON ROAD Sold Prices

Land registry data shows three sales for 3 THOMPSON ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Arun local authority area for the corresponding sale date. All of the three 3 THOMPSON ROAD 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
2016 22 JUL	£249,950	£215,688	16% above HPI
2003 3 SEP	£178,000	£128,109	39% above HPI
1998 14 AUG	£87,000	£60,144	45% above HPI

3 THOMPSON ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Arun local authority area over time, sourced from the HPI. The three 3 THOMPSON ROAD sales between August 1998 and July 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 September 2003 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the July 2016 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 3 THOMPSON ROAD be worth now?

3 THOMPSON ROAD might now be worth an estimated £320,540.

This is based on house price inflation of 28.2%, between July 2016 and May 2026, for terraced 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 28.2% inflationary increase is applied to the most recent sale price for 3 THOMPSON ROAD of £249,950 on 22nd July 2016. For the value to have increased from £249,950 to £320,540 over the ten years and two months to May 2026, the following assumptions must hold true:

• The value of 3 THOMPSON ROAD has moved in line with the HPI for terraced houses in the Arun local authority area.
• The July 2016 sale price of £249,950 represented a fair market value for the property.
• The size, condition, and specification of 3 THOMPSON ROAD has not materially changed since July 2016.

How Large is 3 THOMPSON ROAD?

3 THOMPSON ROAD is 72m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 10% of terraced houses houses in Bognor Regis, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Bognor Regis, and where 3 THOMPSON ROAD lies on this distribution: 9% of terraced houses houses are smaller than 3 THOMPSON ROAD, and 90% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

3 THOMPSON ROAD: Plot and Title Map

3 THOMPSON ROAD sits on a plot of roughly 0.043 of an acre, or 172m². The below map shows the location of 3 THOMPSON ROAD, 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 THOMPSON ROAD). 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 THOMPSON ROAD?

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