1, ALDER WAY, BOGNOR REGIS, PO22 6SF - £290,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 ALDER WAY is a very small extended detached house of 79m², built sometime between 1983 and 1990. It was last sold for £290,000 in September 2014, which was around 21% below the average September 2014 detached price in the Arun local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was C.

1 ALDER WAY Sold Prices

Land registry data shows three sales for 1 ALDER WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Arun local authority area for the corresponding sale date. All of the three 1 ALDER WAY 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
2014 30 SEP	£290,000	£365,612	21% below HPI
1999 17 DEC	£136,950	£151,548	10% below HPI
1998 5 FEB	£115,000	£116,385	1% below HPI

1 ALDER WAY 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 three 1 ALDER WAY sales between February 1998 and September 2014 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 December 1999 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the September 2014 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 1 ALDER WAY?

1 ALDER WAY is 79m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the smallest 20% 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 ALDER WAY lies on this distribution: 17% of detached houses are smaller than 1 ALDER WAY, and 83% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

1 ALDER WAY: Plot and Title Map

1 ALDER WAY sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 1 ALDER 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 ALDER 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.

Where is 1 ALDER WAY?

1 ALDER WAY is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 1 on ALDER WAY.