1, THE FAIRWAY, BOGNOR REGIS, PO21 4EL - £1,175,000

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 THE FAIRWAY is a very large extended detached house of 263m², built sometime between 1930 and 1949. It was last sold for £1,175,000 in April 2016, which was around 187% above the average April 2016 detached price in the Arun local authority area. The most recent EPC inspection was November 2023, where the current energy rating was C, and the potential energy rating was C.

1 THE FAIRWAY Sold Prices

Land registry data shows two sales for 1 THE FAIRWAY 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 THE FAIRWAY 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
2016 22 APR	£1,175,000	£409,691	187% above HPI
2010 27 MAY	£1,000,000	£319,020	213% above HPI

1 THE FAIRWAY 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 THE FAIRWAY sales from May 2010 and April 2016 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 May 2010 sale was for 213% above the HPI. So the extrapolation line tracks at 213% above the HPI over time, until the April 2016 sale, where it falls to 187% above the HPI. The line then continues to track at 187% above the HPI.

How Large is 1 THE FAIRWAY?

1 THE FAIRWAY is 263m², which includes two extensions, according to the EPC inspection conducted in November 2023. This puts it in the largest 10% 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 THE FAIRWAY lies on this distribution: 98% of detached houses are smaller than 1 THE FAIRWAY, and 2% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

1 THE FAIRWAY: Plot and Title Map

1 THE FAIRWAY sits on a plot of roughly 0.717 of an acre, or 2,901m². The below map shows the location of 1 THE FAIRWAY, 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 THE FAIRWAY). 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 THE FAIRWAY?

1 THE FAIRWAY is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 1 on THE FAIRWAY.