FLAT 2, DEVONSHIRE PLACE, 27, DEVONSHIRE ROAD, BOGNOR REGIS, PO21 2SY - £225,000

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.

FLAT 2 DEVONSHIRE PLACE is a midsized flat of 59m², built sometime between 1930 and 1949, which could now be worth an estimated £203,335. It was last sold for £225,000 in February 2023, which was around 21% above the average February 2023 flat price in the Arun local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was C.

FLAT 2 DEVONSHIRE PLACE Sold Prices

Land registry data shows three sales for FLAT 2 DEVONSHIRE PLACE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the Arun local authority area for the corresponding sale date. All of the three FLAT 2 DEVONSHIRE PLACE 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
2023 24 FEB	£225,000	£186,648	21% above HPI
2007 22 MAY	£168,500	£138,923	21% above HPI
2000 31 MAY	£60,000	£59,664	1% above HPI

What might FLAT 2 DEVONSHIRE PLACE be worth now?

FLAT 2 DEVONSHIRE PLACE might now be worth an estimated £203,335.

This is based on house price deflation of 9.6%, between February 2023 and May 2026, for flats, in the Arun local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 9.6% deflationary decrease is applied to the most recent sale price for FLAT 2 DEVONSHIRE PLACE of £225,000 on 24th February 2023. For the value to have decreased from £225,000 to £203,335 over the two years and nine months to May 2026, the following assumptions must hold true:

• The value of FLAT 2 DEVONSHIRE PLACE has moved in line with the HPI for flats in the Arun local authority area.
• The February 2023 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of FLAT 2 DEVONSHIRE PLACE has not materially changed since February 2023.

How Large is FLAT 2 DEVONSHIRE PLACE?

FLAT 2 DEVONSHIRE PLACE is 59m² according to the EPC inspection conducted in August 2022. This puts it in the largest 50% of flats in Bognor Regis, based on EPC data. 54% of flats are smaller than FLAT 2 DEVONSHIRE PLACE, and 44% of flats are larger. Note that EPC data is not available for all properties in Bognor Regis.

FLAT 2 DEVONSHIRE PLACE: Plot

FLAT 2 DEVONSHIRE PLACE sits on a plot of roughly 0.383 of an acre, or 1,549m².

Where is FLAT 2 DEVONSHIRE PLACE?

FLAT 2, DEVONSHIRE PLACE is located on DEVONSHIRE ROAD in BOGNOR REGIS, in the PO21 postcode district.