14, NORFOLK WAY, BOGNOR REGIS, PO22 6JF - £360,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

14 NORFOLK WAY is a very small extended detached house of 75m², built sometime between 1930 and 1949. It was last sold for £360,000 in February 2020, which was around 21% below the average February 2020 detached price in the Arun local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was D.

14 NORFOLK WAY Sold Prices

Land registry data shows three sales for 14 NORFOLK 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 14 NORFOLK 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
2020 13 FEB	£360,000	£453,354	21% below HPI
2012 30 MAR	£242,500	£315,689	23% below HPI
1997 28 JUL	£66,500	£108,784	39% below HPI

14 NORFOLK 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 14 NORFOLK WAY sales between July 1997 and February 2020 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 March 2012 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the February 2020 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 14 NORFOLK WAY?

14 NORFOLK WAY is 75m², which includes two extensions, according to the EPC inspection conducted in May 2011. This puts it in the smallest 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 14 NORFOLK WAY lies on this distribution: 12% of detached houses are smaller than 14 NORFOLK WAY, and 88% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

14 NORFOLK WAY: Plot and Title Map

14 NORFOLK WAY sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of 14 NORFOLK 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 14 NORFOLK 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 14 NORFOLK WAY?

14 NORFOLK WAY is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 14 on NORFOLK WAY.