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 STIRLING WAY is a small detached house of 84m², built sometime between 1991 and 1995. It was last sold for £430,000 in March 2021, which was around 11% below the average March 2021 detached price in the Arun local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 15 STIRLING WAY since 1st 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. Two of the three 15 STIRLING WAY sales were for below the average price, whilst one was 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 |
---|---|---|---|
2021 24 MAR | £430,000 | £481,909 | 11% below HPI |
2017 2 MAY | £328,000 | £425,507 | 23% below HPI |
2004 19 NOV | £290,000 | £288,556 | 1% above HPI |
The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The three 15 STIRLING WAY sales between November 2004 and March 2021 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 2017 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the March 2021 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.
15 STIRLING WAY is 84m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 30% 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 STIRLING WAY lies on this distribution: 22% of detached houses are smaller than 15 STIRLING WAY, and 77% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.
15 STIRLING WAY sits on a plot of roughly 0.109 of an acre, or 441m². The below map shows the location of 15 STIRLING 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 STIRLING 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.
15 STIRLING WAY is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 15 on STIRLING WAY.