Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
1 ALBOROUGH WAY is a large detached house of 136m², built sometime between 1983 and 1990. It was last sold for £760,000 in October 2022, which was around 34% above the average October 2022 detached price in the Arun local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 1 ALBOROUGH WAY since 1st 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 1 ALBOROUGH WAY 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 |
---|---|---|---|
2022 6 OCT | £760,000 | £566,180 | 34% above HPI |
2021 23 NOV | £610,000 | £523,042 | 17% above HPI |
The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The two 1 ALBOROUGH WAY sales from November 2021 and October 2022 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 November 2021 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the October 2022 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.
1 ALBOROUGH WAY is 136m² according to the EPC inspection conducted in August 2021. This puts it in the largest 40% 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 1 ALBOROUGH WAY lies on this distribution: 68% of detached houses are smaller than 1 ALBOROUGH WAY, and 31% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.
1 ALBOROUGH WAY sits on a plot of roughly 0.306 of an acre, or 1,240m². The below map shows the location of 1 ALBOROUGH WAY, 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 1 ALBOROUGH WAY). 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.
1 ALBOROUGH WAY is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 1 on ALBOROUGH WAY.