119, FELPHAM WAY, BOGNOR REGIS, PO22 8QB - £274,000

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

119 FELPHAM WAY is a midsized extended detached house of 107m², built sometime between 1930 and 1949. It was last sold for £274,000 in January 2015, which was around 27% below the average January 2015 detached price in the Arun local authority area. The most recent EPC inspection was July 2015, where the current energy rating was E, and the potential energy rating was B.

119 FELPHAM WAY Sold Prices

Land registry data shows three sales for 119 FELPHAM 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 119 FELPHAM 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
2015 23 JAN	£274,000	£373,038	27% below HPI
2012 6 JUN	£185,000	£315,268	41% below HPI
2007 29 MAY	£185,000	£322,926	43% below HPI

119 FELPHAM 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 119 FELPHAM WAY sales between May 2007 and January 2015 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 2012 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the January 2015 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 119 FELPHAM WAY?

119 FELPHAM WAY is 107m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the smallest 50% 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 119 FELPHAM WAY lies on this distribution: 45% of detached houses are smaller than 119 FELPHAM WAY, and 54% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

119 FELPHAM WAY: Plot and Title Map

119 FELPHAM WAY sits on a plot of roughly 0.151 of an acre, or 613m². The below map shows the location of 119 FELPHAM 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 119 FELPHAM 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 119 FELPHAM WAY?

119 FELPHAM WAY is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 119 on FELPHAM WAY.