2, SOUTHDOWN ROAD, BOGNOR REGIS, PO21 2JS - £243,000

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.

2 SOUTHDOWN ROAD is a detached house, which could now be worth an estimated £414,106. It was last sold for £243,000 in February 2007, which was around 26% below the average February 2007 detached price in the Arun local authority area.

2 SOUTHDOWN ROAD Sold Prices

Land registry data shows two sales for 2 SOUTHDOWN ROAD 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 2 SOUTHDOWN ROAD 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
2007 2 FEB	£243,000	£327,136	26% below HPI
2002 15 MAY	£150,000	£215,888	31% below HPI

What might 2 SOUTHDOWN ROAD be worth now?

2 SOUTHDOWN ROAD might now be worth an estimated £414,106.

This is based on house price inflation of 70.4%, between February 2007 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 70.4% inflationary increase is applied to the most recent sale price for 2 SOUTHDOWN ROAD of £243,000 on 2nd February 2007. For the value to have increased from £243,000 to £414,106 over the eighteen years and nine months to May 2026, the following assumptions must hold true:

• The value of 2 SOUTHDOWN ROAD has moved in line with the HPI for detached houses in the Arun local authority area.
• The February 2007 sale price of £243,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SOUTHDOWN ROAD has not materially changed since February 2007.

Where is 2 SOUTHDOWN ROAD?

2 SOUTHDOWN ROAD is located in BOGNOR REGIS, in the PO21 postcode district.