34, ORMESBY CRESCENT, BOGNOR REGIS, PO22 8EN - £290,000

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.

34 ORMESBY CRESCENT is a small detached house of 86m², built sometime between 1950 and 1966, which could now be worth an estimated £335,447. It was last sold for £290,000 in August 2018, which was around 40% below the average August 2018 detached price in the Arun local authority area. The most recent EPC inspection was January 2018, where the current energy rating was E, and the potential energy rating was C.

34 ORMESBY CRESCENT Sold Prices

Land registry data shows two sales for 34 ORMESBY CRESCENT 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. Both of the two 34 ORMESBY CRESCENT 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
2018 13 AUG	£290,000	£481,304	40% below HPI
1997 3 JUN	£86,000	£110,825	22% below HPI

34 ORMESBY CRESCENT 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 34 ORMESBY CRESCENT sales from June 1997 and August 2018 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 June 1997 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the August 2018 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 34 ORMESBY CRESCENT be worth now?

34 ORMESBY CRESCENT might now be worth an estimated £335,447.

This is based on house price inflation of 15.7%, between August 2018 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 15.7% inflationary increase is applied to the most recent sale price for 34 ORMESBY CRESCENT of £290,000 on 13th August 2018. For the value to have increased from £290,000 to £335,447 over the seven years and two months to June 2025, the following assumptions must hold true:

• The value of 34 ORMESBY CRESCENT has moved in line with the HPI for detached houses in the Arun local authority area.
• The August 2018 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 34 ORMESBY CRESCENT has not materially changed since August 2018.

How Large is 34 ORMESBY CRESCENT?

34 ORMESBY CRESCENT is 86m² according to the EPC inspection conducted in January 2018. This puts it in the smallest 30% 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 34 ORMESBY CRESCENT lies on this distribution: 24% of detached houses houses are smaller than 34 ORMESBY CRESCENT, and 76% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

34 ORMESBY CRESCENT: Plot and Title Map

34 ORMESBY CRESCENT sits on a plot of roughly 0.117 of an acre, or 475m². The below map shows the location of 34 ORMESBY CRESCENT, 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 34 ORMESBY CRESCENT). 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 34 ORMESBY CRESCENT?

34 ORMESBY CRESCENT is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 34 on ORMESBY CRESCENT.