14, THE MIDWAY, BOGNOR REGIS, PO22 7HA - £585,000

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 THE MIDWAY is a very large extended detached house of 227m², built sometime between 1900 and 1929. It was last sold for £585,000 in November 2020, which was around 21% above the average November 2020 detached price in the Arun local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

14 THE MIDWAY Sold Prices

Land registry data shows five sales for 14 THE MIDWAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Arun local authority area for the corresponding sale date. Most of the five 14 THE MIDWAY sales were 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
2020 18 NOV	£585,000	£482,191	21% above HPI
2014 15 MAY	£485,000	£348,516	39% above HPI
2004 28 SEP	£440,000	£288,693	52% above HPI
2003 27 JUN	£417,000	£260,627	60% above HPI
1995 6 JAN	£72,500	£95,786	24% below HPI

14 THE MIDWAY 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 five 14 THE MIDWAY sales between January 1995 and November 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 May 2014 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the November 2020 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is 14 THE MIDWAY?

14 THE MIDWAY is 227m², which includes one extension, according to the EPC inspection conducted in May 2013. 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 14 THE MIDWAY lies on this distribution: 96% of detached houses are smaller than 14 THE MIDWAY, and 4% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

14 THE MIDWAY: Plot and Title Map

14 THE MIDWAY sits on a plot of roughly 0.177 of an acre, or 717m². The below map shows the location of 14 THE MIDWAY, 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 THE MIDWAY). 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 THE MIDWAY?

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