15, THE MIDWAY, BOGNOR REGIS, PO22 7HA - £525,000

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 THE MIDWAY is a large extended detached house of 141m², built sometime between 1950 and 1966. It was last sold for £525,000 in September 2021, which was around 5% above the average September 2021 detached price in the Arun local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was C.

15 THE MIDWAY Sold Prices

Land registry data shows two sales for 15 THE MIDWAY 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 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
2021 29 SEP	£525,000	£499,148	5% above HPI
1997 30 MAY	£130,000	£106,097	23% above HPI

15 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 two 15 THE MIDWAY sales from May 1997 and September 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 1997 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the September 2021 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 15 THE MIDWAY?

15 THE MIDWAY is 141m², which includes one extension, according to the EPC inspection conducted in August 2021. This puts it in the largest 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 THE MIDWAY lies on this distribution: 72% of detached houses are smaller than 15 THE MIDWAY, and 28% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

15 THE MIDWAY: Plot and Title Map

15 THE MIDWAY sits on a plot of roughly 0.166 of an acre, or 672m². The below map shows the location of 15 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 15 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 15 THE MIDWAY?

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