1, ICARUS WAY, BOGNOR REGIS, PO22 7QF - £153,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 ICARUS WAY is a small detached house of 87m², built sometime between 1950 and 1966, which could now be worth an estimated £396,937. It was last sold for £153,500 in June 2002, which was around 31% below the average June 2002 detached price in the Arun local authority area. The most recent EPC inspection was May 2009, where the current energy rating was D, and the potential energy rating was C.

1 ICARUS WAY Sold Prices

Land registry data shows two sales for 1 ICARUS WAY 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 1 ICARUS 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
2002 18 JUN	£153,500	£222,245	31% below HPI
1997 10 JUN	£84,950	£110,825	23% below HPI

1 ICARUS 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 two 1 ICARUS WAY sales from June 1997 and June 2002 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 June 1997 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the June 2002 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 1 ICARUS WAY be worth now?

1 ICARUS WAY might now be worth an estimated £396,937.

This is based on house price inflation of 158.6%, between June 2002 and February 2025, 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 158.6% inflationary increase is applied to the most recent sale price for 1 ICARUS WAY of £153,500 on 18th June 2002. For the value to have increased from £153,500 to £396,937 over the 23 years and four months to February 2025, the following assumptions must hold true:

• The value of 1 ICARUS WAY has moved in line with the HPI for detached houses in the Arun local authority area.
• The June 2002 sale price of £153,500 represented a fair market value for the property.
• The size, condition, and specification of 1 ICARUS WAY has not materially changed since June 2002.

How Large is 1 ICARUS WAY?

1 ICARUS WAY is 87m² according to the EPC inspection conducted in May 2009. This puts it in the smallest 30% of detached houses houses in Bognor Regis, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bognor Regis, and where 1 ICARUS WAY lies on this distribution: 25% of detached houses houses are smaller than 1 ICARUS WAY, and 75% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

1 ICARUS WAY: Plot and Title Map

1 ICARUS WAY sits on a plot of roughly 0.080 of an acre, or 322m². The below map shows the location of 1 ICARUS 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 ICARUS 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 ICARUS WAY?

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