GREENGATES, SHRIPNEY ROAD, BOGNOR REGIS, PO22 9NJ - £300,000

GREENGATES is a very small detached house of 62m², built sometime between 1900 and 1929. It was last sold for £300,000 in November 2016, which was around 29% below the average November 2016 detached price in the Arun local authority area. The most recent EPC inspection was March 2010, where the current energy rating was F, and the potential energy rating was E.

GREENGATES Sold Prices

Land registry data shows four sales for GREENGATES since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Arun local authority area for the corresponding sale date. All of the four GREENGATES 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
2016 3 NOV	£300,000	£425,390	29% below HPI
2010 12 JUL	£193,000	£326,470	41% below HPI
2000 2 JUN	£153,000	£171,417	11% below HPI
1997 15 AUG	£85,000	£112,825	25% below HPI

GREENGATES 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 four GREENGATES sales between August 1997 and November 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 July 2010 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the November 2016 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is GREENGATES?

GREENGATES is 62m² according to the EPC inspection conducted in March 2010. This puts it in the smallest 10% of detached houses in Bognor Regis, based on EPC data. The below chart shows the distribution of detached houses by size in Bognor Regis, and where GREENGATES lies on this distribution: 3% of detached houses are smaller than GREENGATES, and 97% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

GREENGATES: Plot and Title Map

GREENGATES sits on a plot of roughly 0.224 of an acre, or 906m². The below map shows the location of GREENGATES, 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 GREENGATES). 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 GREENGATES?

GREENGATES is located on SHRIPNEY ROAD in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of GREENGATES on SHRIPNEY ROAD.