12, GREENWAYS, PAGHAM, BOGNOR REGIS, PO21 4QE - £245,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

12 GREENWAYS is a very small semi-detached house of 59m², built sometime between 1950 and 1966. It was last sold for £245,000 in March 2015, which was around 35% below the average March 2015 detached price in the Arun local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.

12 GREENWAYS Sold Prices

Land registry data shows four sales for 12 GREENWAYS 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 12 GREENWAYS 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 12 MAR	£245,000	£375,126	35% below HPI
2008 5 SEP	£185,000	£320,972	42% below HPI
1999 14 APR	£77,500	£129,587	40% below HPI
1995 28 JUL	£56,250	£96,571	42% below HPI

12 GREENWAYS 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 12 GREENWAYS sales between July 1995 and March 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 September 2008 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the March 2015 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 12 GREENWAYS?

12 GREENWAYS is 59m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 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 12 GREENWAYS lies on this distribution: 2% of detached houses are smaller than 12 GREENWAYS, and 98% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

12 GREENWAYS: Plot and Title Map

12 GREENWAYS sits on a plot of roughly 0.104 of an acre, or 420m². The below map shows the location of 12 GREENWAYS, 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 12 GREENWAYS). 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 12 GREENWAYS?

12 GREENWAYS is located in PAGHAM, in the PO21 postcode district. The below map shows the position of No. 12 on GREENWAYS.