127, FELPHAM WAY, BOGNOR REGIS, PO22 8QJ - £440,000

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

127 FELPHAM WAY is a very large extended detached house of 167m², built sometime before 1900. It was last sold for £440,000 in June 2021, which was around 12% below the average June 2021 detached price in the Arun local authority area. The most recent EPC inspection was February 2016, where the current energy rating was E, and the potential energy rating was B.

127 FELPHAM WAY Sold Prices

Land registry data shows two sales for 127 FELPHAM WAY 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. One of the two 127 FELPHAM WAY sales was for below the average price, whilst the other was 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
2021 30 JUN	£440,000	£497,497	12% below HPI
1997 1 AUG	£129,500	£112,825	15% above HPI

127 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 two 127 FELPHAM WAY sales from August 1997 and June 2021 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 August 1997 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the June 2021 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 127 FELPHAM WAY?

127 FELPHAM WAY is 167m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the largest 20% 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 127 FELPHAM WAY lies on this distribution: 85% of detached houses are smaller than 127 FELPHAM WAY, and 15% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

127 FELPHAM WAY: Plot and Title Map

127 FELPHAM WAY sits on a plot of roughly 0.123 of an acre, or 497m². The below map shows the location of 127 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 127 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 127 FELPHAM WAY?

127 FELPHAM WAY is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 127 on FELPHAM WAY.