10, SEA WAY, PAGHAM, BOGNOR REGIS, PO21 4UF - £450,000

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

10 SEA WAY is a small extended detached house of 86m², built sometime between 1950 and 1966, which could now be worth an estimated £467,521. It was last sold for £450,000 in July 2024, which was around 19% below the average July 2024 detached price in the Arun local authority area. The most recent EPC inspection was August 2018, where the current energy rating was C, and the potential energy rating was B.

10 SEA WAY Sold Prices

Land registry data shows four sales for 10 SEA WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Arun local authority area for the corresponding sale date. All of the four 10 SEA 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
2024 26 JUL	£450,000	£553,168	19% below HPI
2019 17 JAN	£332,500	£468,672	29% below HPI
2002 14 OCT	£186,000	£247,746	25% below HPI
1997 6 NOV	£92,250	£123,156	25% below HPI

10 SEA 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 four 10 SEA WAY sales between November 1997 and July 2024 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 January 2019 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the July 2024 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 10 SEA WAY be worth now?

10 SEA WAY might now be worth an estimated £467,521.

This is based on house price inflation of 3.9%, between July 2024 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 3.9% inflationary increase is applied to the most recent sale price for 10 SEA WAY of £450,000 on 26th July 2024. For the value to have increased from £450,000 to £467,521 over the one year and five months to February 2025, the following assumptions must hold true:

• The value of 10 SEA WAY has moved in line with the HPI for detached houses in the Arun local authority area.
• The July 2024 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 10 SEA WAY has not materially changed since July 2024.

How Large is 10 SEA WAY?

10 SEA WAY is 86m², which includes one extension, according to the EPC inspection conducted in August 2018. This puts it in the smallest 40% of detached houses houses in Pagham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Pagham, and where 10 SEA WAY lies on this distribution: 38% of detached houses houses are smaller than 10 SEA WAY, and 62% of houses are larger. Note that EPC data is not available for all properties in Pagham.

10 SEA WAY: Plot and Title Map

10 SEA WAY sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of 10 SEA 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 10 SEA 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 10 SEA WAY?

10 SEA WAY is located in PAGHAM, in the PO21 postcode district. The below map shows the position of No. 10 on SEA WAY.