15, ILEX WAY, BOGNOR REGIS, PO22 6PQ - £292,000

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

15 ILEX WAY is a midsized detached house of 119m², built sometime between 1967 and 1975. It was last sold for £292,000 in December 2011, which was around 7% below the average December 2011 detached price in the Arun local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was D.

15 ILEX WAY Sold Prices

Land registry data shows two sales for 15 ILEX 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. Both of the two 15 ILEX 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
2011 14 DEC	£292,000	£312,686	7% below HPI
2004 28 MAY	£260,000	£276,067	6% below HPI

15 ILEX 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 15 ILEX WAY sales from May 2004 and December 2011 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 2004 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the December 2011 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 15 ILEX WAY?

15 ILEX WAY is 119m² according to the EPC inspection conducted in June 2011. This puts it in the largest 50% 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 ILEX WAY lies on this distribution: 57% of detached houses are smaller than 15 ILEX WAY, and 43% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

15 ILEX WAY: Plot and Title Map

15 ILEX WAY sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of 15 ILEX 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 ILEX 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 ILEX WAY?

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