121, FELPHAM WAY, BOGNOR REGIS, PO22 8QB - £337,000

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

121 FELPHAM WAY is a very large extended detached house of 219m², built sometime between 1930 and 1949. It was last sold for £337,000 in January 2017, which was around 21% below the average January 2017 detached price in the Arun local authority area. The most recent EPC inspection was April 2023, where the current energy rating was E, and the potential energy rating was B.

121 FELPHAM WAY Sold Prices

Land registry data shows three sales for 121 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 121 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
2017 13 JAN	£337,000	£425,302	21% below HPI
2014 17 OCT	£304,152	£368,411	17% below HPI
2002 5 JUL	£120,000	£220,773	46% below HPI

121 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 121 FELPHAM WAY sales between July 2002 and January 2017 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 October 2014 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the January 2017 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 121 FELPHAM WAY?

121 FELPHAM WAY is 219m², which includes one extension, according to the EPC inspection conducted in April 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 121 FELPHAM WAY lies on this distribution: 95% of detached houses are smaller than 121 FELPHAM WAY, and 5% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

121 FELPHAM WAY: Plot and Title Map

121 FELPHAM WAY sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 121 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 121 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 121 FELPHAM WAY?

121 FELPHAM WAY is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 121 on FELPHAM WAY.