4, OLD RECTORY GARDENS, BOGNOR REGIS, PO22 7EP - £291,500

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.

4 OLD RECTORY GARDENS is a small extended terraced house of 90m², built sometime between 1967 and 1975, which could now be worth an estimated £312,424. It was last sold for £291,500 in August 2021, which was around 13% above the average August 2021 terraced price in the Arun local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.

4 OLD RECTORY GARDENS Sold Prices

Land registry data shows two sales for 4 OLD RECTORY GARDENS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Arun local authority area for the corresponding sale date. Both of the two 4 OLD RECTORY GARDENS 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
2021 14 AUG	£291,500	£258,077	13% above HPI
2003 7 NOV	£195,000	£128,459	52% above HPI

4 OLD RECTORY GARDENS 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 two 4 OLD RECTORY GARDENS sales from November 2003 and August 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 November 2003 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the August 2021 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 4 OLD RECTORY GARDENS be worth now?

4 OLD RECTORY GARDENS might now be worth an estimated £312,424.

This is based on house price inflation of 7.2%, between August 2021 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 7.2% inflationary increase is applied to the most recent sale price for 4 OLD RECTORY GARDENS of £291,500 on 14th August 2021. For the value to have increased from £291,500 to £312,424 over the five years and three months to May 2026, the following assumptions must hold true:

• The value of 4 OLD RECTORY GARDENS has moved in line with the HPI for terraced houses in the Arun local authority area.
• The August 2021 sale price of £291,500 represented a fair market value for the property.
• The size, condition, and specification of 4 OLD RECTORY GARDENS has not materially changed since August 2021.

How Large is 4 OLD RECTORY GARDENS?

4 OLD RECTORY GARDENS is 90m², which includes two extensions, according to the EPC inspection conducted in October 2019. This puts it in the smallest 30% 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 4 OLD RECTORY GARDENS lies on this distribution: 27% of terraced houses houses are smaller than 4 OLD RECTORY GARDENS, and 72% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

4 OLD RECTORY GARDENS: Plot and Title Map

4 OLD RECTORY GARDENS sits on a plot of roughly 0.029 of an acre, or 116m². The below map shows the location of 4 OLD RECTORY GARDENS, 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 4 OLD RECTORY GARDENS). 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 4 OLD RECTORY GARDENS?

4 OLD RECTORY GARDENS is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 4 on OLD RECTORY GARDENS.