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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

14 THE MIDWAY is a very large extended detached house of 227m², built sometime between 1900 and 1929, which could now be worth an estimated £672,086. It was last sold for £585,000 in November 2020, which was around 17% 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	£500,238	17% above HPI
2014 15 MAY	£485,000	£361,561	34% above HPI
2004 28 SEP	£440,000	£299,498	47% above HPI
2003 27 JUN	£417,000	£270,382	54% above HPI
1995 6 JAN	£72,500	£99,371	27% 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 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the November 2020 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 14 THE MIDWAY be worth now?

14 THE MIDWAY might now be worth an estimated £672,086.

This is based on house price inflation of 14.9%, between November 2020 and February 2025, for detached houses, in the Arun local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 14.9% inflationary increase is applied to the most recent sale price for 14 THE MIDWAY of £585,000 on 18th November 2020. For the value to have increased from £585,000 to £672,086 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 14 THE MIDWAY has moved in line with the HPI for detached houses in the Arun local authority area.
• The November 2020 sale price of £585,000 represented a fair market value for the property.
• The size, condition, and specification of 14 THE MIDWAY has not materially changed since November 2020.

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 houses in Bognor Regis, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bognor Regis, and where 14 THE MIDWAY lies on this distribution: 96% of detached houses 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.