15, WATERSIDE WAY, BOGNOR REGIS, PO21 5FQ - £515,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

15 WATERSIDE WAY is a large detached house of 152m², which could now be worth an estimated £538,745. It was last sold for £515,000 in June 2024, which was around 6% below the average June 2024 detached price in the Arun local authority area. The most recent EPC inspection was March 2017, where the current energy rating was B, and the potential energy rating was B.

15 WATERSIDE WAY Sold Prices

Land registry data shows three sales for 15 WATERSIDE 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 WATERSIDE WAY sales were a mix of below the average price, and roughly equal to 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
2024 14 JUN	£515,000	£549,376	6% below HPI
2022 15 DEC	£590,000	£591,318	Close to HPI
2019 5 JUL	£435,000	£467,048	7% below HPI

15 WATERSIDE 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 WATERSIDE WAY sales between July 2019 and June 2024 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 December 2022 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the June 2024 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 15 WATERSIDE WAY be worth now?

15 WATERSIDE WAY might now be worth an estimated £538,745.

This is based on house price inflation of 4.6%, between June 2024 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 4.6% inflationary increase is applied to the most recent sale price for 15 WATERSIDE WAY of £515,000 on 14th June 2024. For the value to have increased from £515,000 to £538,745 over the one year and four months to February 2025, the following assumptions must hold true:

• The value of 15 WATERSIDE WAY has moved in line with the HPI for detached houses in the Arun local authority area.
• The June 2024 sale price of £515,000 represented a fair market value for the property.
• The size, condition, and specification of 15 WATERSIDE WAY has not materially changed since June 2024.

How Large is 15 WATERSIDE WAY?

15 WATERSIDE WAY is 152m² according to the EPC inspection conducted in March 2017. This puts it in the largest 30% 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 15 WATERSIDE WAY lies on this distribution: 79% of detached houses houses are smaller than 15 WATERSIDE WAY, and 21% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

15 WATERSIDE WAY: Plot and Title Map

15 WATERSIDE WAY sits on a plot of roughly 0.066 of an acre, or 269m². The below map shows the location of 15 WATERSIDE 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 WATERSIDE 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 WATERSIDE WAY?

15 WATERSIDE WAY is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 15 on WATERSIDE WAY.