16, SPRINGFIELD, BOGNOR REGIS, PO21 3LB - £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.

16 SPRINGFIELD is a detached house, which could now be worth an estimated £553,527. It was last sold for £290,000 in May 2005, which was around 1% below the average May 2005 detached price in the Arun local authority area.

16 SPRINGFIELD Sold Prices

Land registry data shows two sales for 16 SPRINGFIELD 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 16 SPRINGFIELD 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
2005 20 MAY	£290,000	£292,074	1% below HPI
1999 5 MAR	£105,000	£135,496	23% below HPI

What might 16 SPRINGFIELD be worth now?

16 SPRINGFIELD might now be worth an estimated £553,527.

This is based on house price inflation of 90.9%, between May 2005 and May 2026, 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 90.9% inflationary increase is applied to the most recent sale price for 16 SPRINGFIELD of £290,000 on 20th May 2005. For the value to have increased from £290,000 to £553,527 over the 21 years to May 2026, the following assumptions must hold true:

• The value of 16 SPRINGFIELD has moved in line with the HPI for detached houses in the Arun local authority area.
• The May 2005 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 16 SPRINGFIELD has not materially changed since May 2005.

Where is 16 SPRINGFIELD?

16 SPRINGFIELD is located in BOGNOR REGIS, in the PO21 postcode district.