15, FELPHAM WAY, BOGNOR REGIS, PO22 8PT - £325,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

15 FELPHAM WAY is a very large extended detached house of 163m², built sometime between 1930 and 1949. It was last sold for £325,000 in March 2010, which was about the average March 2010 detached price in the Arun local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was C.

15 FELPHAM WAY Sold Prices

Land registry data shows three sales for 15 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. The three 15 FELPHAM WAY sales were a mix of roughly equal to the average price, above the average price, and 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
2010 31 MAR	£325,000	£324,922	Close to HPI
2008 25 JAN	£325,000	£344,869	6% below HPI
1998 24 JUN	£139,000	£124,107	12% above HPI

15 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 15 FELPHAM WAY sales between June 1998 and March 2010 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 January 2008 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the March 2010 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 15 FELPHAM WAY?

15 FELPHAM WAY is 163m², which includes four extensions, according to the EPC inspection conducted in June 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 15 FELPHAM WAY lies on this distribution: 83% of detached houses are smaller than 15 FELPHAM WAY, and 17% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

15 FELPHAM WAY: Plot and Title Map

15 FELPHAM WAY sits on a plot of roughly 0.148 of an acre, or 598m². The below map shows the location of 15 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 15 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 15 FELPHAM WAY?

15 FELPHAM WAY is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 15 on FELPHAM WAY.