8, PENNYFIELDS, BOGNOR REGIS, PO22 6BN - £262,500

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.

8 PENNYFIELDS is a midsized semi-detached house of 82m², built sometime between 1950 and 1966, which could now be worth an estimated £296,811. It was last sold for £262,500 in February 2021, which was around 16% below the average February 2021 semi-detached price in the Arun local authority area. The most recent EPC inspection was December 2019, where the current energy rating was E, and the potential energy rating was C.

8 PENNYFIELDS Sold Prices

Land registry data shows one sale for 8 PENNYFIELDS since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-detached price in the Arun local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 12 FEB	£262,500	£313,535	16% below HPI

What might 8 PENNYFIELDS be worth now?

8 PENNYFIELDS might now be worth an estimated £296,811.

This is based on house price inflation of 13.1%, between February 2021 and May 2026, 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 13.1% inflationary increase is applied to the most recent sale price for 8 PENNYFIELDS of £262,500 on 12th February 2021. For the value to have increased from £262,500 to £296,811 over the four years and nine months to May 2026, the following assumptions must hold true:

• The value of 8 PENNYFIELDS has moved in line with the HPI for semi-detached houses in the Arun local authority area.
• The February 2021 sale price of £262,500 represented a fair market value for the property.
• The size, condition, and specification of 8 PENNYFIELDS has not materially changed since February 2021.

How Large is 8 PENNYFIELDS?

8 PENNYFIELDS is 82m² according to the EPC inspection conducted in December 2019. This puts it in the smallest 50% of semi-detached houses in Bognor Regis, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Bognor Regis, and where 8 PENNYFIELDS lies on this distribution: 48% of semi-detached houses are smaller than 8 PENNYFIELDS, and 51% of semi-detached houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

8 PENNYFIELDS: Plot

8 PENNYFIELDS sits on a plot of roughly 0.103 of an acre, or 417m².

Where is 8 PENNYFIELDS?

8 PENNYFIELDS is located in BOGNOR REGIS, in the PO22 postcode district.